Deafblind
“Most economists, it seems, believe strongly in their own superior intelligence and take themselves far too seriously. In his open letter of 22 July…
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Maths versus magic
“Think of how stupid the average person is, and realize half of them are stupider than that.” George Carlin. If investors were…
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Boom
“Facts do not cease to exist because they are ignored.” Aldous Huxley. There’s a telling quotation in Howard Marks’ latest memo to…
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Popularity is overrated
“Remember what has happened. In an unnecessary referendum, a small majority chose an option they could not understand, because it had not been worked…
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Borrowed time
“Remainers who wish to reverse the vote should go live in a banana republic, where reversing undesired vote outcomes is de rigueur.” Tweet from…
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Breaking the chain
“Wherever there’s injustice, oppression and suffering, America will show up six months late and bomb the country next to where it’s happening.” From Give…
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Penny wise and pound foolish ?
“Sir, “Most of the commentary in the UK press since the announcement of the “merger” of Standard Life with Aberdeen has focused on job…
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..Crackle, Pop
“The enthusiasm for Snap came despite the decision by some portfolio managers to shun the stock over concerns about the company’s decision to issue…
Read MoreWhen wonks go rogue
“..The iron convention observed by almost everyone in showbiz: no matter which way you vote in private, you must always pretend in public that…
Read MoreGeneration Snowflake clobbered, again
“Paul Krugman Says Markets Will ‘Never’ Recover From Trump; Dow Hits Record High” – Headline from The Daily Caller. “Experts who can guide…
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