Mark Higgins

“As protection against financial illusion or insanity, memory is far better than laws...For protecting people from the cupidity of others and their own, history is highly utilitarian. It sustains memory, and memory serves the same purpose as the SEC, and on the record is far more effective”
― John Kenneth Galbraith

“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

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

“If you don't understand what the professor is saying, don't dismiss the possibility that he might be wrong.”
― Paul A. Volcker, Changing Fortunes: The World's Money and the Threat to American Leadership