The reality is that financial markets are self-destabilizing; occasionally they tend toward disequilibrium, not equilibrium.

The strength of this country lies in the Declaration of Independence and the Bill of Rights and the freedom of speech and thought.

At times of recession, running a budget deficit is highly desirable. Once the economy begins to recover, you have to balance the budget. But it will also need additional revenues. Should the government not receive them, we will all get punished with higher interest rates.

I'm only rich because I know when I'm wrong...I basically have survived by recognizing my mistakes.

The laissez-faire argument relies on the same tacit appeal to perfection as does communism.

The scope for improvement is infinite, precisely because perfection is unattainable.

Fundamental analysis seeks to establish how underlying values are reflected in stock prices, whereas the theory of reflexivity shows how stock prices can influence underlying values