"The problem with socialism is you eventually run out of other people's money" - Margaret Thatcher
"The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design" - F.A. Hayek
Thursday, November 6, 2008
Get out the SPF 50 boys and girls...sunlight and transparency for all!
Read this from Harry Markovitz, Nobel Laureate. Without transparency in risk and pricing of assets, nothing else matters.
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