I Was Gonna Put Him On The

Here Was A Strange But True Fact: The Closer You Were To The Market, The Harder It Was To Perceive Its Folly.

When An American Declares Bankruptcy, When He Hits Bottom, He Can Reinvent Himself. There's A Story He Can Tell. We Tolerate Reinvention. We Encourage Reinvention. That's What This Country Has That Europe Does Not. It's Not Just A Crisis; It's An Opportunity.

As Idiotic As Optimism Can Sometimes Seem, It Has A Weird Habit Of Paying Off.

They [some Countries] Borrowed Money To Go Acquire Things, Indian Power Plants And Danish Newspapers And British Soccer Teams. And They Did It Willy-nilly, And They Themselves A Story, That Icelandic History And Culture And Dna Leaves Us Very Well-suited To Being Investment Bankers.

People In Both Fields Operate With Beliefs And Biases. To The Extent You Can Eliminate Both And Replace Them With Data, You Gain A Clear Advantage.