A Bit of Wisdom from J. P. Morgan

Hartford, CT…John Pierpont Morgan Sr. April 17, 1837 – March 31, 1913 The father of modern finance & banking. His firm helped provide the capital as the US Economy became the largest in the world. His power was such at its zenith that he and a group of bankers actually saved the US monetary system from collapsing in 1907.

“No problem can be solved until it is reduced to some simple form. The changing of a vague difficulty into a specific, concrete form is a very essential element in thinking.”

“A man generally has two reasons for doing a thing. One that sounds good, and a real one.”

“I want a lawyer to tell me what I cannot do. I hire him to tell how to do what I want to do.”

“Go as far as you can see; when you get there, you’ll be able to see farther.”

“If you have to ask how much it costs, you can’t afford it.”