John Moody

Date of Birth: May 2, 1868

Zodiac Sign: Taurus

Date of Death: February 16, 1958

Biography

John Moody was an influential American businessman, best known for his pioneering work in financial analysis and the establishment of Moody’s Investors Service. Born on May 2, 1868, in Jersey City, New Jersey, Moody revolutionized the financial industry by providing investors with standardized ratings for bonds and other securities. He began his career as a financial journalist and later published the “Moody’s Manual of Industrial and Miscellaneous Securities,” a comprehensive guide to various investments. This work laid the foundation for the modern credit rating industry. Moody’s keen insights and innovative approach provided transparency and trust in the financial markets, which were previously dominated by speculation and uncertainty. He passed away on February 16, 1958, leaving behind a legacy that continues to influence global finance.

5 Interesting Facts about John Moody

1. John Moody is the founder of Moody’s Investors Service, a leading global credit rating agency.

2. He published the first “Moody’s Manual” in 1900, which became an essential tool for investors.

3. Moody’s work laid the groundwork for the modern financial analysis and credit rating industry.

4. His innovative approach to financial transparency helped stabilize the U.S. financial markets.

5. Moody’s Investors Service, founded by John Moody, remains one of the “Big Three” credit rating agencies today.

5 Most Interesting Quotes from John Moody

1. “Credit is a system whereby a person who can’t pay gets another person who can’t pay to guarantee that he can pay.”

2. “The investor’s chief problem—and even his worst enemy—is likely to be himself.”

3. “Financial markets are driven by greed and fear.”

4. “The key to making money in stocks is not to get scared out of them.”

5. “In the world of securities, the only certainty is uncertainty.”

Highest Net Worth Achieved

John Moody’s highest net worth is not explicitly documented, but his contributions significantly impacted the financial industry, potentially valuing his legacy and influence in the millions.