History is a tragedy, not a morality tale.
-I. F. Stone
A fool and his money are soon parted.
-Dr. John Bridges’ Defence of the Government of the Church of England, 1587
No-action relief is a mechanism that allows registrants to obtain certain assurances from the FTC when their conduct may touch upon a gray area of regulation, or even may be technically proscribed, but does not raise the policy concerns underlying a particular rule.
-Securities and Exchange Commission
I don’t believe in the no win scenario… I don’t like to lose.
-Admiral James T. Kirk
You never, almost never have a major brokerage house say the game’s over, guys duck. It doesn’t happen. The commercial imperative is overwhelming to stay bullish. That’s how you make money.
-Jeremy Grantham of GMO Investment “Bloomburg 1/6/22”
Who is it about, what do they want, why can’t they get it, what do they do about that, why doesn’t that work, & how does it end.
– Glenn Gers 6 essential questions of storytelling
Rule #1: Don’t Lose Money
– Warren Buffett
Cops and Soldiers don’t mix, Cops keep the peace, Armed troops make the peace by killing everyone who’s not peaceful.
-Tom Clancy NSA speech October 1986
We have all the time in the world…
-Ian Fleming
Great Britain is a republic with a hereditary president, while the United States is a monarchy with an elective king.
-Knoxville Journal 1896