Investor. Any references to securities are not recommendations or solicitations to buy or sell anything. I may have positions in securities mentioned.
Greed and Capitalism
What kind of society isn't structured on greed? The problem of social organization is how to set up an arrangement under which greed will do the least harm; capitalism is that kind of a system.
- Milton Friedman
Saturday, September 8, 2012
The Madness of Crowds
"I can calculate the motion of heavenly bodies, but not the madness of people." -Sir Isaac Newton, after losing 20,000 pounds in Britain's south sea Bubble of 1720
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