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.

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.

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.

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.

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.

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

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

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.

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.