I would say that financial markets are very inefficient, and capable of extremes of being completely dysfunctional.

Americans are just about the worst at dealing with long-term problems, down there with Uzbekistan, but they respond to a market signal better than almost anyone. They roll the dice bigger and quicker than most.

We live on a finite planet. We have finite resources, and we're running out of good, arable land.

If stocks are attractive and you don't buy, you don't just look like an idiot, you are an idiot.

Ridiculous as our market volatility might seem to an intelligent Martian, it is our reality and everyone loves to trot out the 'quote' attributed to Keynes (but never documented): 'The market can stay irrational longer than the investor can stay solvent.' For us agents, he might better have said 'The market can stay irrational longer than the client can stay patient.'

The world is using up its natural resources at an alarming rate, and this has caused a permanent shift in their value. We all need to adjust our behavior to this new environment. It would help if we did it quickly.

Capitalism believes that its remit is exclusively to make maximum short-term profits.