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There are buoyant powers of healing at work in the world that do not depend on us, that we need not finance or keep functioning and that are not at our disposal.
PANDEMONIUM, n. Literally, the Place of All the Demons. Most of them have escaped into politics and finance, and the place is now used as a lecture hall by the Audible Reformer.
The idea of power as a possession, whose asset can be banked and drawn on when needed, comes easy to a society whose rules grow out of the methods of finance capitalism.
The advocates of public control cannot do without inflation. They need it in order to finance their policy of reckless spending and of lavishly subsidizing and bribing the voters.
But, if recent history has taught us anything, it’s that self-regulation doesn’t work in finance, and that worries about reputation are a weak deterrent to corporate malfeasance.
The very nature of finance is that it cannot be profitable unless it is significantly leveraged... and as long as there is debt, there can be failure and contagion.
In 1973, women got 59 cents on the dollar; now we are getting 74 cents on the dollar. In the area of finance and business, we are at 68 cents on the dollar.
If I knew where I was going to want to live the next five or 10 years I would buy a home and I'd finance it with a 30-year mortgage... It's a terrific deal.
We need to move beyond the demonisation of overpaid traders ... In finance and economics, ill-designed policy is a more powerful force for harm than individual greed or error.
The art of investing is not about figuring out what has already happened. It’s about anticipating the futureand creating the future that others will read about in The Wall Street Journal.
My other creative outlet is knitting; aside from being fun, it is my antidote to the film business: I have full creative control, there is no development process, and I can self-finance.
What's both fascinating and challenging about investing is that the changing nature of business and finance means you can never have it all figured out.