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It has been my experience that competency in mathematics, both in numerical manipulations and in understanding its conceptual foundations.

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Competency Experience Foundation Manipulation Mathematics Numerical Understand

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Marilyn Monroe Paulo Coelho Abraham Lincoln C. S. Lewis Khalil Gibran Charlie Chaplin Gautama Buddha Isaac Newton

Deficit spending is simply a scheme for the ‘hidden’ confiscation of wealth.
ALAN GREENSPAN

Confiscation Deficit Hide Scheme Simply Spend Wealth
Rules cannot take the place of character.
ALAN GREENSPAN

Character Place Rule
Gold stands in the way of this insidious process. It stands as a protector of property rights.
ALAN GREENSPAN

Gold Insidious Process Properly Right Stand
I’m a plain soap kind of guy.
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Guy Kind Plain Soap
The process of innovation is, of course, never ending.
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Course Ending Innovation never Process
Any informed borrower is simply less vulnerable to fraud and abuse.
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Abuse Borrower Fraud Inform Less Simply Vulnerable
Excessive optimism shows the seeds of its own reversal in the form of imbalances that tend to grow over time.
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Excessive Grow Over Own Reversal Seed Show Time
It’s a bubble. It has to have intrinsic value. You have to really stretch your imagination to infer what the intrinsic value of Bitcoin is. I haven’t been able to do it. Maybe somebody else can.
ALAN GREENSPAN

Bitcoin Blue Bubble Imagination Intrinsic Really Stretch
But rules cannot substitute for character.
ALAN GREENSPAN

Character Rule Substitute
Revolutions are something you see only in retrospect.
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Retrospect Revolution See Something
The Iraq War is largely about oil.
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Country Largely Oil War
Cash is available and we should use that in larger amounts, as is necessary, to solve the problems of the stress of this.
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Amount Available Cash Necessary Problem Should Solve Stress
Significantly opening up immigration to skilled workers solves two problems.
ALAN GREENSPAN

Immigration Open Problem Significant Skill Solve Work
Those of us who have looked to the self-interest of lending institutions to protect shareholders’ equity are in a state of shocked disbelief.
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Disbelief Institution Interest Lend Self Shareholder Shock
Credit-default swaps, I think, have serious problems associated with them.
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Associate Credit Default Problem Serious Swap
The probability of ten consecutive heads is 0.1 percent; thus, when you have millions of coin tossers, or investors, in the end there will be thousands of very successful practitioners of coin tossing, or stock picking.
ALAN GREENSPAN

Coin Consecutive Head Investor Million Percent Pick Probably Stock Ten Tosser

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