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by sethammons 1968 days ago
he also said, "the market can remain irrational longer than you can remain solvent."
2 comments
FabHK 1968 days ago
Apparently, that nice bon mot is from A. Gary Shilling from the 1980s.

https://quoteinvestigator.com/2011/08/09/remain-solvent/

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jakeva 1968 days ago
Since we're doing JMK quotes, he also said "Capitalism is the extraordinary belief that he nastiest of men, for the nastiest of reasons, will somehow work for the benefit of us all."
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edgyquant 1968 days ago
And that’s why we follow his ideas. Regulated capitalism is the best economic system (so far.)
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