Quotes Entirely Relevant to Investing 12-07-2008

by Mr Juggles

[W]e do know something – at least abstractly – about the future. We know that other great crises will come. Whether they will be occasioned by foreign wars, economic collapse, or rampant terrorism, no one can predict with assurances. Yet in one form of another, great crises will surely come again… When they do, governments almost certainly will gain new powers over economic and social affairs… For those who cherish individual liberty and a free society, the prospect is deeply disheartening.
-Robert Higgs, Crisis and Leviathan

Past Quotes Entirely Relevant to Investing

Ad Sense Ad Sense


  1. P Brooks
    December 7th, 2008 | 11:49 am

    This leads me to think I should be long implantable RFID* chips, and barcode neck tatoos.

    *For identification purposes only; the explosive ones won’t come on the market for a while.

  2. December 7th, 2008 | 4:35 pm

    Higg’s thesis is a chilling contrast to Naomi Klein’s Shock Doctrine.

  3. December 9th, 2008 | 1:07 am

    I thought it was a great quote after the 1st sentence.

    Its mind-boggling to me that 99.9%+ of investors repeatedly forget this simple truism.

    Although, my PA appreciates it, +20% ytd because of the stupidity and myopia of said 99.9%+, thanks.

  4. December 11th, 2008 | 3:41 pm

    Unless, of course, the great crises are the overthrowing of governments.