I Very Often Used To Get Backaches

Taking This View, It Is Possible To See Financial Markets As A Laboratory For Testing Hypotheses, Albeit Not Strictly Scientific Ones. The Truth Is, Successful Investing Is A Kind Of Alchemy.

I Don't Use My Money To Gain Political Influence For My Private Interests, Which Is What Many Rich People Do, And What, In A Sense, Market Fundamentalism Does, Because It Is In The Interests Of People Who Have A Lot Of Money To Have As Little Taxes As Possible.

Economic History Is A Never-ending Series Of Episodes Based On Falsehoods And Lies, Not Truths. It Represents The Path To Big Money. The Object Is To Recognize The Trend Whose Premise Is False, Ride That Trend And Step Off Before It Is Discredited.

The World Order Needs A Major Overhaul.

Making An Investment Decision Is Like Formulating A Scientific Hypothesis And Submitting It To A Practical Test. The Main Difference Is That The Hypothesis That Underlies An Investment Decision Is Intended To Make Money And Not To Establish A Universally Valid Generalization.