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The way to stop financial joy-riding is to arrest the chauffeur, not the automobile.
The way to stop financial joy-riding is to arrest the chauffeur, not the automobile.
Finance, like time, devours its own children.
Finance, like time, devours its own children.
There is no such thing as an innocent purchaser of stocks.
There is no such thing as an innocent purchaser of stocks.
It is time that financial types developed a greater tolerance for imprecision, because that’s the way the world is.
It is time that financial types developed a greater tolerance for imprecision, because that’s the way the world is.
Alexander Hamilton originated the put and take system in our national treasury: the taxpayers put it in, and the politicians read more
Alexander Hamilton originated the put and take system in our national treasury: the taxpayers put it in, and the politicians take it out.
We estimate the wisdom of nations by seeing what they did with their surplus capital.
We estimate the wisdom of nations by seeing what they did with their surplus capital.
One-third of the people in the United States promote, while the other two-thirds provide.
One-third of the people in the United States promote, while the other two-thirds provide.
What is high finance? It’s knowing the difference between one and ten, multiplying, subtracting and adding. You just add noughts. read more
What is high finance? It’s knowing the difference between one and ten, multiplying, subtracting and adding. You just add noughts. It’s no more than that.
Derivatives are financial weapons of mass destruction.
Derivatives are financial weapons of mass destruction.
