Finance, like time, devours its own children.

Finance, like time, devours its own children.

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.

I've always been worried about people who are willing to work for nothing. Sometimes that's all you get from them, read more

I've always been worried about people who are willing to work for nothing. Sometimes that's all you get from them, nothing.

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.

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.

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.

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.

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

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

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.