What An Ideology Is Is A Conceptual

The Need For Values Is Inbred. Their Content Is Not.

Without The Triggers, That Tax Cut Is Irreponsible Fiscal Policy. Eventually, I Think That Will Be The Consensus View.

People Dont Realize That We Cannot Forecast The Future. What We Can Do Is Have Probabilities Of What Causes What, But Thats As Far As We Go. And Ive Had A Very Successful Career As A Forecaster, Starting In 1948 Forward. The Number Of Mistakes I Have Made Are Just Awesome. There Is No Number Large Enough To Account For That.

The Gut-feel Of The 55-year Old Trader Is More Important Than The Mathematical Elegance Of The 25-year Old Genius.

In An Economy That Already Has Lost Some Momentum, One Must Remain Alert To The Possibility That Greater Caution And Weakening Asset Values In Financial Markets Could Signal Or Precipitate An Excessive Softening In Household And Business Spending.