I'm Only Rich Because I Know When

Markets Are Constantly In A State Of Uncertainty And Flux And Money Is Made By Discounting The Obvious And Betting On The Unexpected.

A Global Economy Is Characterized Not Only By The Free Movement Of Goods And Services But, More Important, By The Free Movement Of Ideas And Of Capital.

There Is A Well-established Conviction That The Central Banks Always Do What Is Necessary To Keep The System Going And Then Afterwards You Then Take Care Of The Legal Aspects. In A Crisis, You Simply Do Not Have Time To Think About Such Concerns For Too Long.

Market Prices Are Always Wrong In The Sense That They Present A Biased View Of The Future.

We Can Speak Of The Triumph Of Capitalism In The World, But We Cannot Yet Speak About The Triumph Of Democracy. There Is A Serious Mismatch Between The Political And The Economic Conditions That Prevail In The World Today.