Tag: sound money
The Basics of Sound Money
The concept of “sound money” has received increased attention in recent years due to exponentially higher government spending, continued devaluation…
An Evolving Collection of Timeless Wisdom
"The dead outnumber the living . . . fourteen to one, and we ignore the accumulated experience of such a huge majority of mankind at our peril."
- Niall Ferguson
"There has never been a time when so many opportunities abounded as now."
- Jay Gould, Financier (May 27, 1836 – December 2, 1892)
"Warren often talks about these discounted cash flow calculations, but I've never seen him do one."
- Charlie Munger
"This breed of company will never spring from the mind of a committee; it would never have been permitted to endure in its current form, with thousands of employees organizing themselves around problems at hand, if we had submitted to the conventional managerial model in American…