Andrew Mellon: Gentlemen Bonds

Posted by admin on Wednesday, April 20, 2022

Andrew Mellon Money Quote saying that investors could be gentlemen. Andrew Mellon said:
 
Gentlemen prefer bonds Quote

“Gentlemen prefer bonds” — Andrew Mellon

 

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In this quote, Andrew Mellon seems to be making an observation, a play on words referencing the 1953 film “Gentlemen Prefer Blondes.” Given the similar phrasing and time period, it’s almost certainly a joking reference or allusion to that well-known movie title rather than a serious comment on the investing habits of wealthy individuals.

Overall, Mellon appears to have felt bonds were the investment vehicle of choice for upper class, well-to-do investors seeking stability and reliable returns. The quote presents bonds as the preferred means of deploying capital among those of high socioeconomic standing referred to as “gentlemen” in Mellon’s time.

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