Franklin's illness. . . gave him strength and courage he had not had before. He had to think out the fundamentals of living and learn the greatest of all lessons - infinite patience and never ending persistence.
All one great big lie.
Today, basically, on Wall Street, the big money is made by taking risks.
The nature of any human being, certainly anyone on Wall Street, is 'the better deal you give the customer, the worse deal it is for you'.
It's a proprietary strategy. I can't go into it in great detail.
In today's regulatory environment, it's virtually impossible to violate rules. . . but it's impossible for a violation to go undetected, certainly not for a considerable period of time.
In today's regulatory environment, it's virtually impossible to violate rules.
Many LBOs are man-made disasters. When the price paid is excessive, the equity portion of an LBO is really an out-of-the-money call option. Many fiduciaries placed large amounts of the capital under their stewardship into such options in 2006 and 2007.
Characters are often revealed by the ways they misapprehend others.
The human mind can appreciate the One only by seeing it first in the Many.
The race cannot succeed, nor build strong citizens, until we have a race of women competent to do more than bear a brood of negative men.