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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.
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.
The money-changers have fled from their high seats in the temple of our civilization. We may now restore that temple read more
The money-changers have fled from their high seats in the temple of our civilization. We may now restore that temple to the ancient truths.
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.
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.
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.
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
One of the soundest rules to remember when making forecasts in the field of economics is that whatever is to read more
One of the soundest rules to remember when making forecasts in the field of economics is that whatever is to happen is happening already.
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.
