Anyone who thinks there's safety in numbers hasn't looked at the

Yes — that quote is correctly attributed to Irene Peter, an American author known for her witty and insightful reflections on life, humor, and social commentary.

“Anyone who thinks there's safety in numbers hasn't looked at the stock market pages.”
— Irene Peter

Context and Background

Irene Peter’s quote offers a sarcastic take on the idea of safety in numbers, particularly in the context of the stock market. While many people believe that investing in large numbers or diversified portfolios can offer safety, Peter is pointing out the volatility and unpredictability of financial markets. In the stock market, even diversification or collective investment strategies can fail, and numbers do not guarantee security. This is a reminder that risk is inherent in financial markets, regardless of how many people are involved.

Interpretation

• “Safety in numbers” — commonly refers to the belief that being part of a larger group (whether in investing or in life) provides security or protection.

• “Hasn't looked at the stock market pages” — Peter points to the instability and unpredictability of the stock market, where even the most popular investments can experience sharp losses, disproving the idea that larger investments or groups are automatically safe.

Summary

Irene Peter’s quote uses humor to offer a cynical view of financial safety in the context of investing. She challenges the idea that numbers or collective action provide real protection, especially in a market as volatile and unpredictable as the stock market. It serves as a warning that even the most common assumptions about safety and security in finance can be misleading.