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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 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.
Modern man drives a mortgaged car over a bond-financed highway on credit-card gas.
Modern man drives a mortgaged car over a bond-financed highway on credit-card gas.
Derivatives are financial weapons of mass destruction.
Derivatives are financial weapons of mass destruction.
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.
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.