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.

People get a little fed up and see their portfolio down significantly, and I always laugh to myself, because I read more

People get a little fed up and see their portfolio down significantly, and I always laugh to myself, because I still got paid.

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.

Finance is the art of passing currency from hand to hand until it finally disappears.

Finance is the art of passing currency from hand to hand until it finally disappears.

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.

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

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

Draw your salary before spending it.

Draw your salary before spending it.

It sounds extraordinary but it’s a fact that balance sheets can make fascinating reading.

It sounds extraordinary but it’s a fact that balance sheets can make fascinating reading.

Finance, like time, devours its own children.

Finance, like time, devours its own children.