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I decided that there was only one place to make money in the mutual fund business, as there is only one place for a temperate man to be in a saloon: behind the bar and not in front of it.

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Paul Samuelson

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I’m not speaking in favor of killing innovation. I’m speaking in favor of centrist use of the market, which involves necessarily a considerable degree of regulation. Markets by themselves will get themselves inevitably into inequality and into their own destruction. It will happen again and again.

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When I was a kid, I reckoned things in Hershey bars. Is this worth three Hershey bars to me?

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May 21, 2024

When I was a kid, I reckoned things in Hershey bars. Is this worth three Hershey bars to me?

Previous

May 21, 2024

I’m not speaking in favor of killing innovation. I’m speaking in favor of centrist use of the market, which involves necessarily a considerable degree of regulation. Markets by themselves will get themselves inevitably into inequality and into their own destruction. It will happen again and again.

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