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.

The pen is mightier than the sword, but no match for the accountant.

The pen is mightier than the sword, but no match for the accountant.

When it comes to finances, remember that there are no withholding taxes on the wages of sin.

When it comes to finances, remember that there are no withholding taxes on the wages of sin.

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.

Derivatives are financial weapons of mass destruction.

Derivatives are financial weapons of mass destruction.

There is no such thing as an innocent purchaser of stocks.

There is no such thing as an innocent purchaser of stocks.

Finance, like time, devours its own children.

Finance, like time, devours its own children.

Literature was formerly an art and finance a trade; today it is the reverse

Literature was formerly an art and finance a trade; today it is the reverse

One of the soundest rules to remember when making forecasts in the field of economics is that whatever is to read more

One of the soundest rules to remember when making forecasts in the field of economics is that whatever is to happen is happening already.