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There is no such thing as an innocent purchaser of stocks.
There is no such thing as an innocent purchaser of stocks.
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.
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.
High finance isn't burglary or obtaining money by false pretenses, but rather a judicious selection from the best features of read more
High finance isn't burglary or obtaining money by false pretenses, but rather a judicious selection from the best features of those fine arts.
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.
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.
Derivatives are financial weapons of mass destruction.
Derivatives are financial weapons of mass destruction.
Alexander Hamilton originated the put and take system in our national treasury: the taxpayers put it in, and the politicians read more
Alexander Hamilton originated the put and take system in our national treasury: the taxpayers put it in, and the politicians take it out.
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.