When the profits of trade happen to be greater than ordinary, over-trading becomes a general error both among great and small dealers.
Adam SmithThe natural price, therefore, is, as it were, the central price, to which the prices of all commodities are continually gravitating.
Adam SmithAdventure upon all the tickets in the lottery, and you lose for certain; and the greater the number of your tickets the nearer your approach to this certainty.
Adam SmithThe interest of the dealers, however, in any particular branch of trade or manufactures, is always in some respects different from, and even opposite to, that of the public. To widen the market and to narrow the competition, is always the interest of the dealers.
Adam Smith