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Able Quote by Jay Gould

“I judge property myself by its net earning power; that is the only rule I have been able to get… This whole island [Manhattan] was once bought for a few strings of beads. But now you will find this property valued by its earning power, by its rent power, and that is the way to value a railroad or…” quote by Jay Gould
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“I judge property myself by its net earning power; that is the only rule I have been able to get… This whole island [Manhattan] was once bought for a few strings of beads. But now you will find this property valued by its earning power, by its rent power, and that is the way to value a railroad or telegraph.”

Jay Gould

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