Short Term Volatility Is Greatest At Turning

The Main Enemy Of The Open Society, I Believe, Is No Longer The Communist But The Capitalist Threat.

I Would Be Lying, However, If I Claimed That I Could Always Formulate Worthwhile Hypotheses On The Basis Of My Theoretical Framework. Sometimes There Were No Reflexive Processes To Be Found; Sometimes I Failed To Find Them; And, What Was The Most Painful Of All, Sometimes I Got Them Wrong. One Way Or Another, I Often Invested Without A Worthwhile Hypothesis And My Activities Were Not Very Different From A Random Walk.

It Is Credit That Matters, Not Money (in Other Words, Monetarism Is A False Ideology).

When Money Is Free, The Rational Lender Will Keep On Lending Until There Is No One Else To Lend To.

To Be Successful, You Need Leisure. You Need Time Hanging Heavily On Your Hands.