I Get To Do What I Like

“Intensity Is The Price Of Excellence.”

People Always Ask Me Where They Should Go To Work, And I Always Tell Them To Go To Work For Whom They Admire The Most.

As One Of My Older Friends Says, "nostalgia Just Isn't What It Used To Be." Let's Take A Stab At It, Anyway.

First, Many In Wall Street - A Community In Which Quality Control Is Not Prized - Will Sell Investors Anything They Will Buy.

That's Been Lost. It's A Huge Problem. What You Have Is You Have The Major Institutions Of The World All Wanting To Deleverage. They Want To Take Down Their Assets And Liabilities. What Seemed So Easy To Borrow Against A Year Ago Now Looks Like Rat Poison To Them. So They're Trying To Deleverage. There Is Only One Institution In The World That Can Leverage Up In A Way That's All A Countervailing Force To That, And That's The United States Treasury.