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— Charlie Munger"The stupid and dishonest accountants allowed the genie of totally inappropriate accounting to descend on derivatives books. And once this has happened - people get status, etc. - it's impossible to get it back into the bottle."
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Everyone caved, adopted loose [accounting] standards, and created exotic derivatives linked to theoretical models. As a result, all kinds of earnings, blessed by accountants, are not really being earned. When you reach for the money, it melts away. It was never there. It [accounting for derivatives] is just disgusting. It is a sewer, and if I'm right, there will be hell to pay in due course. All of you will have to prepare to deal with a blow-up of derivative books.
— Charlie Munger
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I deliberately look for colorful people. They're very right for theatre. Theatre has to be theatrical. If you can get color into the accountant, you've got something. Write the whole thing first and then say he's an accountant. That's a very wacky accountant, but so what? Theatricality feeds and challenges the actor, the director, and the designers.
— Lanford Wilson
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