26 March 2015 - 26 June 2015 analysis, Benjamin Graham, wrote in The Intelligent Investor in 1949: “The investor’s chief problem – and even his worst enemy – is likely to be himself.” … From financial history and from my own experience, I long ago concluded that regression to … [Read more...] about Leithner Letter Nos. 184-187
Leithner Letter Nos. 179-183
26 October 2014 - 26 February 2015 altogether even the pretence of teaching. … [More generally, English universities have] become sanctuaries in which exploded systems and obsolete prejudices found shelter and protection, after they had been hunted out of every other corner of … [Read more...] about Leithner Letter Nos. 179-183
Leithner Letter Nos. 175-178
26 June 2014 - 26 September 2014 There’s a pattern of falsifying statistics throughout the entire [U.S.] Census Bureau. And anyone who attempts to blow the whistle on the fraud is either retaliated against or ignored, according to two new sources who have experienced the process … [Read more...] about Leithner Letter Nos. 175-178
Leithner Letter Nos. 171-174
26 February 2014 - 26 May 2014 I favour the policy of economy not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the government. Every dollar we carelessly waste means that their life … [Read more...] about Leithner Letter Nos. 171-174
Leithner Letter Nos. 167-170
26 October 2013 - 26 January 2014 In short, the delusion of paper riches is working as rapidly in England as it did in America. A young and inexperienced Minister, like a young and inexperienced Congress, may suppose that he sees mines of wealth in a printing press, and that a … [Read more...] about Leithner Letter Nos. 167-170