I would say that financial markets are very inefficient, and capable of extremes of being completely dysfunctional.
The fall of moral civilization has always been brought about by those who were "just doing their jobs".
Carol Connelly: A compliment is something nice about somebody else.
Larry Lipton: [to Carol] Save a little craziness for menopause!
[Noodles is raping Carol] Max: We're going, you coming?
Carol Anne: That burned! Diane: Sorry, baby, floor needed more wax.
Carol Boone: Sometimes life is hard for no reason at all.
One day we will have more inflation, and our bonds will bleed like a pig. The only reason for buying long bonds is short-term or as a desperate haven for terrorized investors. But the potential to make longer-term real money is naught.
When it comes to portfolios, my personal advice is for anyone who can, put money into forestry or farmland. Long term, you would probably never come near their returns in the stock market. In the world that I see, land is golden.
Ironically, it is when we identify with our spirits rather than our bodies that we are most powerful on the material plane. Our overidentification with the world does not give us power within the world so much as it diminishes our power here. It make...
Twenty years ago, there were dozens and dozens of independent television producers. There are a couple now, at the most. Mark Burnett, Endemol. It's gone. Everybody works for the Man now. And it's natural law, how that happened: Nobody prescribed it,...
A lovely thing about Christmas is that it's compulsory, like a thunderstorm, and we all go through it together.
The public character of every public servant is legitimate subject of discussion, and his fitness or unfitness for office may be fairly canvassed by any person.
At the start of his second term, one wonders less about Obama's fitness than his willingness: Why doesn't he do more to build and maintain the relationships required to govern in era of polarization?
I beg people not to accept the seasonal ritual of well-timed charity on Christmas Eve. It's blasphemy.
Dr. Carol Marcus: Can I cook, or can't I?
Carol: Mug me or marry me, Shakes. I'm too tired for anything else.
The market is incredibly inefficient and capable on rare occasions of being utterly dysfunctional. And people have a really hard time getting their brain around that fact. They want to believe that it's approximately efficient almost all the time, an...
Carol: Mark, he's a knight. Mark: He's just a fast food knight.
Carol Anne: [Her first words after being rescued] Hi, Daddy.
Carol: [to John] Oh, race him. You can beat him.
