When The Capital Development Of A Country

If You Owe Your Bank Manager A Thousand Pounds, You Are At His Mercy. If You Owe Him A Million Pounds, He Is At Your Mercy.

Professional Investment May Be Likened To Those Newspaper Competitions In Which The Competitors Have To Pick Out The Six Prettiest Faces From A Hundred Photographs, The Prize Being Awarded To The Competitor Whose Choice Most Nearly Corresponds To The Average Preferences Of The Competitors As A Whole.

There Is No Subtler, No Surer Means Of Overturning The Existing Basis Of Society Than To Debauch The Currency.

Businessmen Have A Different Set Of Delusions From Politicians; And Need, Therefore, Different Handling. They Are, However, Much Milder Than Politicians, At The Same Time Allured And Terrified By The Glare Of Publicity....you Could Do Anything You Like With Them, If You Would Treat Them (even The Big Ones) Not As Wolves And Tigers, But As Domestic Animals By Nature, Even Though They Have Been Badly Brought Up And Not Trained As You Would Wish.

Worldly Wisdom Teaches That It Is Better For Reputation To Fail Conventionally Than To Succeed Unconventionally.