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.

Derivatives are financial weapons of mass destruction.

Derivatives are financial weapons of mass destruction.

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.

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

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

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.

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.

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

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.

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.