“The clearest lesson from history: Worries about a bubble matter less than how the investing public reacts to those worries.“ .
“Optimists these days learn English, pessimists learn Chinese, but realists learn how to operate an AK-47.” .
“There is a cult of ignorance in the United States, and there has always been. The strain of anti-intellectualism has been a constant thread winding its way through our political and cultural life, nurtured by the false notion that democracy means that “my ignorance is just as good as your knowledge.” .
“The only thing we learn from history is that we learn nothing from history.” – Friedrich Hegel quotes (German Philosopher (1770-1831)”
“The Fed has had very few periods of relatively good performance. For most of its history, it’s been a loose cannon on the deck, and not a source of stability.” – Milton Friedman (1999).
“You’ll pass out before you die.” .
“Everybody knows that if I’m at 100 percent they have to fasten their seatbelts, like on an aeroplane.” .
“To race bicycles is to drink greedily from a bottomless chalice of agony.” .
Say what you will about Steve Jobs, but, it used to be way, WAY harder to buy a Norwegian Black Metal album with your phone at 9:15 on a Thursday night .