Every debt is ultimately paid, if not by the debtor, then eventually by the creditor.

[T]he first bad bank loan was no doubt made around the time of the opening of the first bank.

Nothing beats a little cash in a bear market, of course, and the oldest form of cash is gold.

Hope sustains life, but misplaced hope prolongs recessions.

Credit is money of the mind.

It's about bums on seats. If nobody wants to listen to what you are doing, it kind of defeats the purpose really, doesn't it?

To suppose that the value of a common stock is determined purely by a corporation's earnings discounted by the relevant interest rates and adjusted for the marginal tax rate is to forget that people have burned witches, gone to war on a whim, risen to the defense of Joseph Stalin and believed Orson Welles when he told them over the radio that the Martians had landed.