I Am Against Market Fundamentalism. I Think

There Is No Point In Being Confident And Having A Small Position.

When I Had Made More Money Than I Needed For Myself And My Family, I Set Up A Foundation To Promote The Values And Principles Of A Free And Open Society.

The Securitisation Of Mortgages Added A New Dimension Of Systemic Risk. Financial Engineers Claimed They Were Reducing Risks Through Geographic Diversification: In Fact They Were Increasing Them By Creating An Agency Problem. The Agents Were More Interested In Maximising Fee Income Than In Protecting The Interests Of Bondholders. That Is The Verity That Was Ignored By Regulators And Market Participants Alike.

It's Not Whether You're Right Or Wrong That's Important, But How Much Money You Make When You're Right And How Much You Lose When You're Wrong

The Bureaucratic Method Of Building An Integrated Europe Has Exhausted Its Potential.