--- title: "4 Financial crisis Quotes By Jeremy J. Siegel" description: "4 Financial crisis quotes by Jeremy J. Siegel. Plus more from Jeremy J. Siegel and more Financial crisis sayings from other authors." image: "https://sms4smile.com/quotes/i/e9e/jeremy-j-siegel-23115_financial-crisis_it-took-just-over-15-years-to-recover-th_851224.jpg" --- > [“It took just over 15 years to recover the money invested at the 1929 peak, following a crash far worse than Smith…](https://sms4smile.com/quotes/jeremy-j-siegel/it-took-just-over-15-years-to-recover-the-money-invested-at-the-1929/) [Jeremy J. Siegel](https://sms4smile.com/quotes/author/jeremy-j-siegel/) [Image](https://sms4smile.com/quotes/i/e9e/jeremy-j-siegel-23115_financial-crisis_it-took-just-over-15-years-to-recover-th_851224.jpg) > [“would the Volcker amendment, had it been law in 2007, have prevented the 2008 financial crisis? The financial crisis was caused by…](https://sms4smile.com/quotes/jeremy-j-siegel/would-the-volcker-amendment-had-it-been-law-in-2007-have-prevented/) [Jeremy J. Siegel](https://sms4smile.com/quotes/author/jeremy-j-siegel/) [Image](https://sms4smile.com/quotes/i/fe8/jeremy-j-siegel-23115_financial-crisis_would-the-volcker-amendment-had-it-been_1717702.jpg) > [“The financial crisis of 2008 is illustrated by the following analogy. There is no doubt that the improvements in engineering have made…](https://sms4smile.com/quotes/jeremy-j-siegel/the-financial-crisis-of-2008-is-illustrated-by-the-following-analogy/) [Jeremy J. Siegel](https://sms4smile.com/quotes/author/jeremy-j-siegel/) [Image](https://sms4smile.com/quotes/i/e64/jeremy-j-siegel-23115_financial-crisis_the-financial-crisis-of-2008-is-illustra_2249609.jpg) > [“As we explore later in this chapter, virtually no asset, except for long-term U.S. Treasury bonds, served as an effective hedge against…](https://sms4smile.com/quotes/jeremy-j-siegel/as-we-explore-later-in-this-chapter-virtually-no-asset-except-for/) [Jeremy J. Siegel](https://sms4smile.com/quotes/author/jeremy-j-siegel/) [Image](https://sms4smile.com/quotes/i/8c0/jeremy-j-siegel-23115_customer_as-we-explore-later-in-this-chapter-virt_3002031.jpg) ## Other authors on Financial crisis - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b005/author-barack-obama-16275.jpg) Barack Obama 7 quotes ](https://sms4smile.com/quotes/about/financial-crisis/barack-obama/) - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b005/author-ben-bernanke-16920.jpg) Ben Bernanke 6 quotes ](https://sms4smile.com/quotes/about/financial-crisis/ben-bernanke/) - [ ![](https://sms4smile.com/quotes/wp-content/uploads/sms4s/authors/processed/b012/author-janet-yellen-47237.jpg) Janet Yellen 5 quotes ](https://sms4smile.com/quotes/about/financial-crisis/janet-yellen/) ## More by Jeremy J. Siegel > [“By the end of 2012, the price of gold reached $1,675 per ounce, and $1 of gold bullion purchased in 1802 was worth $86.40…](https://sms4smile.com/quotes/jeremy-j-siegel/by-the-end-of-2012-the-price-of-gold-reached-1-675-per-ounce-and-1-of/) [Jeremy J. Siegel](https://sms4smile.com/quotes/author/jeremy-j-siegel/) > [“At the end of 2012, the yield on nominal bonds was about 2 percent. The only way that bonds could generate a 7.8 percent…](https://sms4smile.com/quotes/jeremy-j-siegel/at-the-end-of-2012-the-yield-on-nominal-bonds-was-about-2-percent-the/) [Jeremy J. Siegel](https://sms4smile.com/quotes/author/jeremy-j-siegel/) > [“The S&P 500 Index originally contained exactly 425 industrial, 25 rail, and 50 utility firms, but these groupings were abandoned in 1988 in order…](https://sms4smile.com/quotes/jeremy-j-siegel/the-s-p-500-index-originally-contained-exactly-425-industrial-25-rail/) [Jeremy J. Siegel](https://sms4smile.com/quotes/author/jeremy-j-siegel/) > [“Africa remains a small part of the world economy until 2070, when it begins to expand rapidly, reaching 14 percent, the same size as…](https://sms4smile.com/quotes/jeremy-j-siegel/africa-remains-a-small-part-of-the-world-economy-until-2070-when-it/) [Jeremy J. Siegel](https://sms4smile.com/quotes/author/jeremy-j-siegel/) > [“It took just over 15 years to recover the money invested at the 1929 peak, following a crash far worse than Smith had ever…](https://sms4smile.com/quotes/jeremy-j-siegel/it-took-just-over-15-years-to-recover-the-money-invested-at-the-1929/) [Jeremy J. Siegel](https://sms4smile.com/quotes/author/jeremy-j-siegel/) > [“CVS Corporation, which in 1957 entered the S&P 500 Index as Melville Shoe Corp.,”](https://sms4smile.com/quotes/jeremy-j-siegel/cvs-corporation-which-in-1957-entered-the-s-p-500-index-as-melville/) [Jeremy J. Siegel](https://sms4smile.com/quotes/author/jeremy-j-siegel/) > [“China will be the world’s largest economy when its per capita income reaches 25 percent of that of the United States, which is forecast…](https://sms4smile.com/quotes/jeremy-j-siegel/china-will-be-the-world-s-largest-economy-when-its-per-capita-income/) [Jeremy J. Siegel](https://sms4smile.com/quotes/author/jeremy-j-siegel/) > [“There is a good reason why stocks are not reacting to Fed policy as they have in the past. Investors have become so geared…](https://sms4smile.com/quotes/jeremy-j-siegel/there-is-a-good-reason-why-stocks-are-not-reacting-to-fed-policy-as/) [Jeremy J. Siegel](https://sms4smile.com/quotes/author/jeremy-j-siegel/) > [“The first actively traded U.S. stocks, floated in 1791, were issued by two banks: the Bank of New York and the Bank of the…](https://sms4smile.com/quotes/jeremy-j-siegel/the-first-actively-traded-u-s-stocks-floated-in-1791-were-issued-by/) [Jeremy J. Siegel](https://sms4smile.com/quotes/author/jeremy-j-siegel/) > [“In 2006 the United Nations Human Development Report estimated that 2.6 billion people, or 40 percent of the world’s population, had no indoor plumbing.”](https://sms4smile.com/quotes/jeremy-j-siegel/in-2006-the-united-nations-human-development-report-estimated-that-2/) [Jeremy J. Siegel](https://sms4smile.com/quotes/author/jeremy-j-siegel/) > [“would the Volcker amendment, had it been law in 2007, have prevented the 2008 financial crisis? The financial crisis was caused by the overleveraging…](https://sms4smile.com/quotes/jeremy-j-siegel/would-the-volcker-amendment-had-it-been-law-in-2007-have-prevented/) [Jeremy J. Siegel](https://sms4smile.com/quotes/author/jeremy-j-siegel/) > [“There is no question that the losing IPOs far outnumber the winners. Of the 8,606 firms examined, the returns on 6,796 of these firms,…](https://sms4smile.com/quotes/jeremy-j-siegel/there-is-no-question-that-the-losing-ipos-far-outnumber-the-winners/) [Jeremy J. Siegel](https://sms4smile.com/quotes/author/jeremy-j-siegel/) > [“the economy of China will become twice the size of the U.S. economy in 2025 if both countries’ per capita income continues to grow…](https://sms4smile.com/quotes/jeremy-j-siegel/the-economy-of-china-will-become-twice-the-size-of-the-u-s-economy-in/) [Jeremy J. Siegel](https://sms4smile.com/quotes/author/jeremy-j-siegel/) > [“The government can put dividends on the same tax basis as capital gains if the tax authorities allow investors to obtain a tax deferral…](https://sms4smile.com/quotes/jeremy-j-siegel/the-government-can-put-dividends-on-the-same-tax-basis-as-capital/) [Jeremy J. Siegel](https://sms4smile.com/quotes/author/jeremy-j-siegel/) > [“As a result, proportional movements of high-priced stocks in the Dow averages have a much greater impact than movements of lower-priced stocks, regardless of…](https://sms4smile.com/quotes/jeremy-j-siegel/as-a-result-proportional-movements-of-high-priced-stocks-in-the-dow/) [Jeremy J. Siegel](https://sms4smile.com/quotes/author/jeremy-j-siegel/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "ItemList", "@id": "https://sms4smile.com/quotes/about/financial-crisis/jeremy-j-siegel/#itemlist", "name": "4 Financial crisis Quotes By Jeremy J. Siegel", "numberOfItems": 4, "itemListElement": [ { "@type": "ListItem", "position": 1, "item": { "@type": "Quotation", "text": "“It took just over 15 years to recover the money invested at the 1929 peak, following a crash far worse than Smith had ever examined. And since World War II, the recovery period for stocks has been even better. 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