Sign in with Facebook
The best we can do is a compromise: learn to recognize situations in which mistakes are likely and try harder to avoid significant mistakes when the stakes are high. The premise of this book is that it is easier to recognize other people’s
...more
“Though they did not instantly grasp the ultimate significance of the money market fund, Brown and Bent understood completely that they were making the first real assault on Regulation Q. Here is Henry Brown describing the moment of epiphany: “It was a frustrating time,” he wrote in an unpublished chronicle, of their disastrous first two years in business. (“Bent calculated that the proprietor of the hot dog stand at the corner of Sixth Avenue and 53rd Street was making twice as much money as either of them.”) In a moment of desperation, Bent one day asked Brown:”
― A Piece of the Action: How the Middle Class Joined the Money Class
― A Piece of the Action: How the Middle Class Joined the Money Class
Eytan’s 2024 Year in Books
Take a look at Eytan’s Year in Books, including some fun facts about their reading.
647 books
|
195 friends
302 books
|
163 friends
341 books
|
193 friends
273 books
|
167 friends
165 books
|
85 friends
4 books
|
55 friends
177 books
|
174 friends
538 books
|
82 friends
More friends…
Polls voted on by Eytan
Lists liked by Eytan
