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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.
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.
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.
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
Finance, like time, devours its own children.
Finance, like time, devours its own children.
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.
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.
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.