Best Line of the Day

Paul Kedrosky finds this gem from a French banker in 1907:

The U.S. is a great financial nuisance.

The Panic of 1907 was pretty ugly for investors. Here’s what I wrote last year on its 100th anniversary.

Posted by on August 25th, 2008 at 9:46 am


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.