What is J.P. Morgan's famous quote?
“If you have to ask how much it costs, you can’t afford it.” This memorable line is widely attributed to J. P. Morgan, supposedly in response to a question about the upkeep of his yacht ( Wikipedia , Wikiquote , YourStory.com , quoteswise.com ). Subtitle 1: Meaning Behind the Words Morgan’s retort suggests that some things—especially those of great luxury or status—are so far beyond the realm of most people’s means that merely inquiring about the price indicates you’re not in that league. It’s not only a comment on wealth, but also a bold assertion of exclusivity and affluence. Subtitle 2: Contextual Insight The quote is an informal, perhaps even casual, remark—possibly in jest—when someone asked about the cost of maintaining his yacht. Though unverified, it captures the world of high finance and elite norms Morgan inhabited, where money was a boundary as much as a tool ( Wikipedia , Wikiquote ). Subtitle 3: Cultural Impact & Enduring Popularity Over time, the phrase has...