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— Paul Johnson"The richness and variety, and indeed the advance, of our culture depend upon the continuation of this conflict [between conservatives and radicals], which is deeply rooted in human nature."
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The art of banking is always to balance the risk of a run with the reward of a profit. The tantalizing factor in the equation is that riskier borrowers pay higher interest rates. Ultimate safety - a strongbox full of currency - would avail the banker nothing. Maximum risk - a portfolio of loans to prospective bankrupts at usurious interest rates - would invite disaster. A good banker safely and profitably treads the middle ground.
— James Grant
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I was a little, uh, incorrigible as a kid, so the kitchen was a good place to give me structure and balance. It taught me hard work, but then I grew to love it.
— Aaron Sanchez
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