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.

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.

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.

Financial sense is knowing that certain men will promise to do certain things, and fail.

Financial sense is knowing that certain men will promise to do certain things, and fail.

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

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

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

A holding company is a thing where you hand an accomplice the goods while the policeman searches you.

A holding company is a thing where you hand an accomplice the goods while the policeman searches you.

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.

FINANCE, n. The art or science of managing revenues and resources for the best advantage of the manager. The pronunciation read more

FINANCE, n. The art or science of managing revenues and resources for the best advantage of the manager. The pronunciation of this word with the i long and the accent on the first syllable is one of America's most precious discoveries and possessions.