83 Quotes by Andrew Ross Sorkin
- Author Andrew Ross Sorkin
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Wall Street is littered with clever plans to use financial instruments to change behavior - carbon trading, for example. Some have changed the world, and others failed miserably.
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In truth, the best Bitcoin can hope for is to be a second-rate version of gold, if that.
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It's the people who have an incentive to find the problem who usually find the problem.
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Some billionaires like cars, yachts and private jets. Others like newspapers.
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The euphoria around economic booms often obscures the possibility for a bust, which explains why leaders typically miss the warning signs.
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The failure of Lehman may have allowed the government to do more to prop up the economy than it otherwise could.
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We talk about institutions that are too big to fail - I think the story is as much about people who think they are too big to fail.
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Bitcoin, in the short or even long term, may turn out be a good investment in the same way that anything that is rare can be considered valuable. Like baseball cards. Or a Picasso.
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What if lawmakers never spoke to their constituents? Oddly enough, that's exactly how corporate America operates. Shareholders vote for directors, but the directors rarely, if ever, communicate with them.
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