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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.
Derivatives are financial weapons of mass destruction.
Derivatives are financial weapons of mass destruction.
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.
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.
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.
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.
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 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.
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.
