“No competition means no invention.”20 In the wake of the Barings debacle, however, Villard had seen his German-funded North American Bank, source… — Jill Jonnes Innovation Copy Share Image
“His faith in the new industry, his advice, and his constant financial support were the factors that led to its spectacular development;… — Jill Jonnes Faith Copy Share Image
“Yet Morgan was surprisingly patient. As an investment banker who had backed many railroads, which were continually absorbing new technologies, he seemed… — Jill Jonnes Investing Copy Share Image
“The emblems of status may shift, but human nature generally delights in being first.” — Jill Jonnes Human nature Copy Share Image
