“It takes 20 years to build a reputation and five minutes to ruin it.” – Warren Buffett, Investor ECONOMY: THE SPECTRE BACK IN THE CLOSET? What a week! I must be honest; at one […]
“We really can’t forecast all that well, and yet we pretend that we can, but we really can’t.” – Alan Greenspan, ex-chairman of the Federal Reserve ECONOMY: The illusion of control versus the wisdom of […]
“The Fool in the Shower” – Milton Friedman, Nobel Laureate ECONOMY: RECESSION PROBABILITIES RECEDING, BUT NOT ZERO Imagine yourself taking a shower. The water is too cold thus, you turn on the hot water. After […]