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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 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.
Derivatives are financial weapons of mass destruction.
Derivatives are financial weapons of mass destruction.
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
The pen is mightier than the sword, but no match for the accountant.
The pen is mightier than the sword, but no match for the accountant.
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.
Finance, like time, devours its own children.
Finance, like time, devours its own children.
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.