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.

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.

A financier is a pawn-broker with imagination.

A financier is a pawn-broker with imagination.

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.

Alexander Hamilton originated the put and take system in our national treasury: the taxpayers put it in, and the politicians read more

Alexander Hamilton originated the put and take system in our national treasury: the taxpayers put it in, and the politicians take it out.

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.

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.

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