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

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

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.

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.

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.

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.

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.

Finance, like time, devours its own children.

Finance, like time, devours its own children.

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.