I'm Only Rich Because I Know When

The Concept Of A General Equilibrium Has No Relevance To The Real World (in Other Words, Classical Economics Is An Exercise In Futility).

Short Term Volatility Is Greatest At Turning Points And Diminishes As A Trend Becomes Established

As An Anonymous Participant In Financial Markets, I Never Had To Weigh The Social Consequences Of My Actions ... I Felt Justified In Ignoring Them On The Grounds That I Was Playing By The Rules.

Every Bubble Has Two Components: Something - Some Real Trend, And A Misconception About That Trend.

In 2012, The Far-right Golden Dawn Won 21 Seats In Greece's Parliamentary Election, The Right-wing Jobbik Gained Ground In My Native Hungary, And The National Front's Marine Le Pen Received Strong Backing In France's Presidential Election. Growing Support For Similar Forces Across Europe Points To An Inescapable Conclusion: The Continent's Prolonged Financial Crisis Is Creating A Crisis Of Values That Is Now Threatening The European Union Itself.