--- title: "Meaning & Key Takeaway of: Buying and selling securities on the…" description: "\"Buying and selling securities on the Stock Exchange do not start new industries. Big business never starts anything new. It merely absorbs, consolidate..." image: "https://sms4smile.com/quotes/i/def/franklin-d-roosevelt-488_big-business_buying-and-selling-securities-on-the-sto_1656128.jpg" --- # Buying and selling securities on the Stock Exchange do not… ![“Buying and selling securities on the Stock Exchange do not start new industries. Big business never starts anything new. It merely absorbs, consolidates and profits at the expense of others.” quote by Franklin D. Roosevelt](https://sms4smile.com/quotes/i/def/franklin-d-roosevelt-488_big-business_buying-and-selling-securities-on-the-sto_1656128.jpg) [Download](https://sms4smile.com/quotes/i/def/franklin-d-roosevelt-488_big-business_buying-and-selling-securities-on-the-sto_1656128.jpg) [Open image](https://sms4smile.com/quotes/i/def/franklin-d-roosevelt-488_big-business_buying-and-selling-securities-on-the-sto_1656128.jpg) > “Buying and selling securities on the Stock Exchange do not start new industries. Big business never starts anything new. It merely absorbs, consolidates and profits at the expense of others.” [Franklin D. Roosevelt](https://sms4smile.com/quotes/author/franklin-d-roosevelt/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. The quote argues that stock‑market activity merely reshuffles existing assets, while large corporations dominate by absorbing and profiting from others rather than creating new sectors. **In simple terms:** Big firms profit by consolidating, not innovating. Key Takeaway Focus on genuine innovation, not just market trading. Themes economics power innovation competition Mood critical skeptical Type cautionary analytical When to use this quote - investment banking - corporate mergers - startup funding - industry analysis Key Concepts Monopoly capital accumulation creative destruction Questions to Reflect On - How can new ventures break through entrenched corporate dominance? - What policies encourage genuine industry creation? A Different Perspective Large firms can still drive innovation through R&D investments. ★ ★ ★ ★ ★ No ratings yet [Big business](https://sms4smile.com/quotes/about/big-business/) [Business](https://sms4smile.com/quotes/about/business/) [Buying](https://sms4smile.com/quotes/about/buying/) [Buying and selling](https://sms4smile.com/quotes/about/buying-and-selling/) [Customer](https://sms4smile.com/quotes/about/customer/) [Industry](https://sms4smile.com/quotes/about/industry/) [Profit](https://sms4smile.com/quotes/about/profit/) [Security](https://sms4smile.com/quotes/about/security/) [Selling](https://sms4smile.com/quotes/about/selling/) [Stock exchange](https://sms4smile.com/quotes/about/stock-exchange/) ## Related quotes > [The people of Michigan and the people of our country - we have lost our industries, such a big chunk of our industries and…](https://sms4smile.com/quotes/donald-trump/the-people-of-michigan-and-the-people-of-our-country-we-have-lost-our/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) > [Some people who don't like guns can't stand the idea of so many gun owners in one place (at gun shows) buying and selling…](https://sms4smile.com/quotes/dave-kopel/some-people-who-don-t-like-guns-can-t-stand-the-idea-of-so-many-gun/) [Dave Kopel](https://sms4smile.com/quotes/author/dave-kopel/) > [I was working in financing. 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Roosevelt quotes ](https://sms4smile.com/quotes/author/franklin-d-roosevelt/) ## More Big business quotes > [In politics we face the choice between warmongering, nation-state loving, big-business agents on one hand; and risk-blind, top-down, epistemic arrogant big servants of large…](https://sms4smile.com/quotes/nassim-nicholas-taleb/in-politics-we-face-the-choice-between-warmongering-nation-state/) [Nassim Nicholas Taleb](https://sms4smile.com/quotes/author/nassim-nicholas-taleb/) > [The typical American citizen is the business man. The typical business man is a bad citizen; he is busy. If he is a 'big…](https://sms4smile.com/quotes/lincoln-steffens/the-typical-american-citizen-is-the-business-man-the-typical-business/) [Lincoln Steffens](https://sms4smile.com/quotes/author/lincoln-steffens/) > [The American influence is not so aggressive anymore. 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