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— Fulke Greville, 1st Baron Brooke"No man was ever so much deceived by another as by himself."
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It has taken me a long time to realize where I most disagree with Marx. His assessment of capitalism is far too favorable. He took its instability, inhumanity and irrationality to be signs that it was a merely transitional form, which had delivered into humanity's hands the means to a much better way of life than any that have ever existed on earth. Marx could not bring himself to believe that our species is so benighted, irrational and slavish that it would put up with such a monstrous way of life.
— Allen W. Wood
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Short-term market and economic prognostication is largely a fool’s errand, we invest according to a strategy that makes the need to rely on short-term market or economic assessments largely irrelevant.
— Bill Ackman
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