I'm A Plain Soap Kind Of Guy.

...our Market System Depends Critically On Trust-trust In The Word Of Our Colleagues And Trust In The Word Of Those With Whom We Do Business.

History Has Not Dealt Kindly With The Aftermath Of Protracted Periods Of Low Risk Premiums.

In General, Corruption Tends To Exist Whenever Governments Have Favors To Extend, Or Something To Sell.

Regulators Have Not Been Able To Achieve The Level Of Future Clarity Required To Act Pre-emptively. The Problem Is Not Lack Of Regulation But Unrealistic Expectations. What We Confront In Reality Is Uncertainty, Some Of It Frighteningly So...

No Matter How Skillful The Trading Scheme, Over The Long Haul, Abnormal Returns Are Sustained Only Through Abnormal Exposure To Risk.