1960s Quote by Henry Kravis
“I thought at the time that I wanted to go into institutional sales, selling stocks and bonds to institutions. In those days, which was the 1960s, the institutional salesman was making about $100,000 a year. I thought that was just an enormous amount of money.”
About This Quote
Source Interview: Henry Kravis, 1990s
He believed high earnings in 1960s institutional sales were extraordinary, reflecting the era’s lucrative finance sector.
In simple terms: Big salaries seemed huge then.
Recognize changing market values.
Themes
Mood
Type
When to use this quote
- investment banking
- career planning
- salary negotiation
- historical comparison
Key Concepts
Questions to Reflect On
- What drives your career choices?
- How do you assess long‑term value of earnings?
High pay can be fleeting; market shifts.