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Mark Higgins

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https://finhistory.com

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“In the history of every great catastrophe, you'll find some masterly bit of stupidity set fire to the oil-soaked rags.”
― Edwin Lefèvre

“Once a majority of players adopts a heretofore contrarian position, the minority view becomes the widely held perspective.”
― David Swensen

“Cognition, misled by tiny changes involving low contrast, will often miss a trend that is destiny.”
― Charlie Munger, "Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger"

“Periods of speculative frenzy always draw both scoundrels and suckers to Wall Street, the way a three-alarm fire attracts onlookers and pickpockets.”
― Robert Sobel, The Big Board: A History of the New York Stock Market

“Embracing investment strategies with less complexity provides a golden opportunity to enhance the value of the investment profession rather than condemn it to obsolescence.”
― Mark J. Higgins, Investing in U.S. Financial History: Understanding the Past to Forecast the Future

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