Market Prices Are Always Wrong.

Stock Market Bubbles Don't Grow Out Of Thin Air. They Have A Solid Basis In Reality, But Reality As Distorted By A Misconception.

It Is Credit That Matters, Not Money (in Other Words, Monetarism Is A False Ideology).

The Collapse Of The Global Marketplace Would Be A Traumatic Event With Unimaginable Consequences. Yet I Find It Easier To Imagine Than The Continuation Of The Present Regime.

I Think It Is Natural That Every Country Has To Take Care Of Its Interests, But There Are Some Interests That Are Common To All Countries. There Are Some Human Interests, Or We Need Also International Cooperation. We've Sometimes Confused It With Dictation.

Making An Investment Decision Is Like Formulating A Scientific Hypothesis And Submitting It To A Practical Test. The Main Difference Is That The Hypothesis That Underlies An Investment Decision Is Intended To Make Money And Not To Establish A Universally Valid Generalization.