“Risk Comes From Not Knowing What You’re

House Prices Just Soared Beyond - Beyond Reason In Many Places And They Got Financed In Silly Ways, And People Lied About Loans, All Kinds Of Accesses Entered Into It. But That Is What - That Is The Single Biggest Cause Of Why We're Here.

Diversification May Preserve Wealth, But Concentration Builds Wealth.

Asset-heavy Businesses Generally Earn Low Rates Of Return - Rates That Often Barely Provide Enough Capital To Fund The Inflationary Needs Of The Existing Business, With Nothing Left Over For Real Growth, For Distribution To Owners, Or For Acquisition Of New Businesses

Truly Conservative Actions Arise From Intelligent Hypotheses, Correct Facts And Sound Reasoning.

If I Subscribed To The Efficient Market Theory I Would Still Be Delivering Papers