![Charles Jaffe Quotes: Stock prices have been quoted in fractions for two centuries, based on a system descended from Spanish pieces of eight. Each dollar was cut into eight bits worth 12.5 cents each.](https://www.quoteslyfe.com/images/collection3/quotations456/Stock-prices-have-been-quoted-in-fractions-456549.jpg)
Stock prices have been quoted in fractions for two centuries, based on a system descended from Spanish pieces of eight. Each dollar was cut into eight bits worth 12.5 cents each.
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This page presents the quote "Stock prices have been quoted in fractions for two centuries, based on a system descended from Spanish pieces of eight. Each dollar was cut into eight bits worth 12.5 cents each.". Author of this quote is Charles Jaffe. This quote is about eight, business, cents, two, fractions, bits, pieces, cutting,.