I'd Stumbled Into A Job At Salomon

A Thought Crossed His Mind: How Do You Make Poor People Feel Wealthy When Wages Are Stagnant? You Give Them Cheap Loans.

Every Form Of Strength Is Also A Form Of Weakness,” He Once Wrote. “pretty Girls Tend To Become Insufferable Because, Being Pretty, Their Faults Are Too Much Tolerated. Possessions Entrap Men, And Wealth Paralyzes Them. I Learned To Write Because I Am One Of Those People Who Somehow Cannot Manage The Common Communications Of Smiles And Gestures, But Must Use Words To Get Across Things That Other People Would Never Need To Say.

In Their Leaders, Advisers, And Experts, People Much Prefer Overconfidence, Total Certainty, To Any Kind Of Doubt.

The Vicious Cycle That Is Bringing Down European States Is Not Going To Hit Us [the Usa], At Least Not For A While, At The Level Of The Federal Government. The Same Cannot Be Said Of State And Local Governments.

People Were Paid Lots Of Money To Make Stupid Decisions, People In Big Banks, And When People Are Paid To Be Stupid They'll Be Stupid. The Question Was, Did They Know They Were Being Stupid Or Were They Just Stupid? I Think You Need To Take It On A Case By Case Basis. There Was Some Sinister Activity, But I Think By And By It Was People Being Incentivised To Do The Wrong Thing.