Customer Quote by 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 the size of the company.””
About This Quote
Source Book: Stocks for the Long Run, 1994
High‑priced stocks move the market more than cheap ones, regardless of company size.
In simple terms: Expensive stocks dominate market moves.
Watch price‑based market impact.
Themes
Mood
Type
When to use this quote
- portfolio construction
- risk assessment
- investment strategy
Key Concepts
Questions to Reflect On
- How does price affect volatility?
- Should you favor cheap stocks?
Low‑price stocks can still surprise.