June 28, 2013
“Frankly, I view the present course of monetary policy as reckless—not because it threatens inflation (which I don’t think it…
June 21, 2013
“You can always count on Americans to do the right thing—once they’ve tried everything else.” -WINSTON CHURCHILL Special message: Several…
June 14, 2013
“The great traders that I’ve known would joke about how their emotions would push them to do the wrong thing. …
June 7, 2013
“If you are not confused about the economy, you don’t understand it very well.” -CHARLIE MUNGER, Warren Buffett’s sidekick at…
May 31, 2013
“Just because a reversal of something unsustainable hasn’t happened yet, doesn’t mean it won’t.” -SUPER INVESTOR, SETH KLARMAN There they…
May 24, 2013
“I worry about the effects on the long-run stability of our financial system if the Fed attempts to substitute its…
April 12, 2013
“Inflation is a more fundamental danger than speculative investment. Some countries seem to be in the unusual situation where they…
April 5, 2013
“After a large number of snowflakes accumulate, a snow cap builds on a mountain. At some point, a single additional…
August 3, 2012
“Where is the wisdom we have lost in knowledge and where is the knowledge we have lost in information.” -T.…
March 23, 2012
“Reality is that which, when you stop believing in it, doesn’t go away.” -PHILIP K. DICK, AMERICAN NOVELIST (BLADE RUNNER,…