People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices.
Adam SmithTag: economics government finance
This story is the ultimate example of American’s biggest political problem. We no longer have the attention span to deal with any twenty-first century crisis. We live in an economy that is immensely complex and we are completely at the mercy of the small group of people who understand it – who incidentally often happen to be the same people who built these wildly complex economic systems. We have to trust these people to do the right thing, but we can’t, because, well, they’re scum. Which is kind of a big problem, when you think about it.
Matt TaibbiTag: politics united-states government finance thievery
Thou shalt not forget that money is only money and not character or fame.
Steven J. LeeTag: money inspirational wealth finance
The first rule in making money is not to lose it.
Steven J. LeeThy shalt not worship thy investment advisor, for if she were so smart she would be retired by now.
Steven J. LeeRule No. 1 : Never lose money. Rule No. 2 : Never forget Rule No. 1.
Warren BuffettForecasts may tell you a great deal about the forecaster; they tell you nothing about the future.
Warren BuffettTag: finance inspirational-attitude
The virtues of free enterprise can become distorted by greed
Allan LokosTag: buddhism mindfulness business finance compassion-love occupy
You actions are your only true belongings.
Allan LokosTag: buddhism mindfulness finance buisness
If you owe ten pounds to the Bank of England, you get thrown in jail, but if you owe a million pounds, they invite you to sit on the Board
Philippe RièsTag: humor bank finance economic-collapse
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