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

Derivatives are financial weapons of mass destruction.

Derivatives are financial weapons of mass destruction.

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.

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.

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, 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.

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.

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, like time, devours its own children.

Finance, like time, devours its own children.