Wednesday, June 22, 2011

Einstein On The "Principles" of American Finance ....

"Perfection of means and confusion of goals seem, in my opinion, to characterize our era." *

- Albert Einstein

*Translation:  In American finance,  we have moved from a system of "Caveat emptor!" ("Buyer beware!") to a system of "Caveat *x#*|*!" ("Buyer be *x#*|*!") ...... "CASH" seems to be the only "value system" which now guides professional financial behavior.

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