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" Much has been written on panics and manias — much more than with the most outstretched intellect we are able to follow or conceive ; but one thing is certain, that at particular times a great many stupid people have a great deal of stupid money. "
Our Own Times: A Continuous History of the Twentieth Century - Pagina 3
editat de - 1911
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The Works of Walter Bagehot: With Memoirs by R. H. Hutton, Volumul 2

Walter Bagehot - 1891 - 462 pagini
...manias, — much more than with the most outstretched intellect we are able to follow or conceive ; but one thing is certain, — that at particular times a great many stupid people have a great deal of stupid money. Saving people have often only the faculty of saving : they...
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Edward Gibbon. Bishop Butler. Sterne and Thackeray. The Waverley novels ...

Walter Bagehot - 1891 - 482 pagini
...manias — much more than with the most outstretched intellect we are able to follow or conceive ; but one thing is certain, that at particular times a great many stupid people have a great deal of stupid money. Saving people have often only the faculty of saving ; they...
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The Works of Walter Bagehot ...

Walter Bagehot - 1891 - 470 pagini
...manias, — much more than with the most outstretched intellect we are able to follow or conceive ; but one thing is certain, — that at particular times a great many stupid people have a great deal of stupid money. Saving people have often only the faculty of saving : they...
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The American Monthly Review of Reviews, Volumul 29

Albert Shaw - 1904 - 982 pagini
...for commercial crises and industrial depressions, was not so very far away from John Adams when he said: " Aristotle, who was not in trade, imagined...craving, it is bound to get devoured at any cost, — and there you have the starting of a genuine 'panic.' My remedy ? Here it is : Not to allow any...
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The American Monthly Review of Reviews, Volumul 29

1904 - 784 pagini
...for commercial crises and industrial depressions, was not so very far away from John Adams when he said: " Aristotle, who was not in trade, imagined...particular times a great many stupid persons have a groat deal of stupid money, and they don't know what to do with it. Thus cash accumulates in the hands...
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Estimations in Criticism: Prose-writers: Edward Gibbon. Thomas Babington ...

Walter Bagehot - 1909 - 328 pagini
...manias — much more than with the most outstretched intellect we are able to follow or conceive ; but one thing is certain, that at particular times a great many stupid people have a great deal of stupid money. Saving people have often only the faculty of saving ; they...
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The Selection and Care of Sound Investments

Arthur Hobart Herschel - 1925 - 406 pagini
...maniacs — much more than with the most outstretched intellect we are able to follow or conceive; but one thing is certain, that at particular times a great many stupid people have a great deal of stupid money. At intervals, from causes which are not to the present purpose,...
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Hedge Fonds, Banken und Finanzkrisen: Die Bedeutung außerbilanzieller ...

Marcel V. Lähn - 2004 - 408 pagini
...and manias, - much more than with the most outstretched intellect we are able to follow or conceive ; but one thing is certain, that at particular times a great many stupid people have a greal deal of slupid money... At intervals, from causes which are not to the present...
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