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— Augustin-Louis Cauchy"As for methods I have sought to give them all the rigour that one requires in geometry, so as never to have recourse to the reasons drawn from the generality of algebra."
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Mathematics is ordinarily considered as producing precise and dependable results; but in the stock market the more elaborate and abstruse the mathematics the more uncertain and speculative are the conclusions we draw there from. Whenever calculus is brought in, or higher algebra, you could take it as a warning that the operator was trying to substitute theory for experience, and usually also to give to speculation the deceptive guise of investment.
— Benjamin Graham
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I remember one occasion when I tried to add a little seasoning to a review, but I wasn't allowed to. The paper was by Dorothy Maharam, and it was a perfectly sound contribution to abstract measure theory. The domains of the underlying measures were not sets but elements of more general Boolean algebras, and their range consisted not of positive numbers but of certain abstract equivalence classes. My proposed first sentence was: "The author discusses valueless measures in pointless spaces."
— Paul Halmos
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