In our view, derivatives are financial weapons of mass destruction carrying dangers that, while latent, are potentially lethal.
Money without brains is always dangerous.
I sincerely believe that banking establishments are more dangerous than standing armies, and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.
When you combine ignorance and leverage, you get some pretty interesting results.
When you buy anything with lots of leverage, it does not require a whole lot to go wrong to lose it all.
Investing is fun and exciting, but dangerous if you don't do any work.
Having a large amount of leverage is like driving a car with a dagger on the steering wheel pointed at your heart. If you do that, you will be a better driver. There will be fewer accidents but when they happen, they will be fatal.
There are three roads to ruin; women, gambling and technicians. The most pleasant is with women, the quickest is with gambling, but the surest is with technicians.
Run for your life from any man who tells you that money is evil. That sentence is the leper's bell of an approaching looter.
When the money gets bigger and the stakes get higher, the sea gets wider, and the sharks in the water grow sharper teeth.
Anyone who toys with the idea of cutting off bits of the eurozone hoping the rest will survive is playing with fire.
The perils of credit and debt, especially perilous in the computer age, have long been acknowledged in pop culture, but very infrequently by TV.
My advice is to treat [credit cards] like what they are: little plastic grenades that must be handled very carefully.
I have done everything I can to move Britain out of the financial danger zone.
People without financial knowledge, who take advice from financial experts are like lemmings simply following their leader. They race for the cliff and leap into the ocean of financial uncertainty, hoping to swim to the other side.
Who would want one's children growing up buying things like bitcoin? I hope to God my family doesn't buy it. It's noxious poison.
I, place economy among the first & most important republican virtues, & public debt as the greatest of the dangers to be feared
There's nothing so comfortable as a small bankroll. A big one is always in danger.
And so the danger for the housing industry is if we see interest rates rise.
Though the principles of the banking trade may appear somewhat abstruse, the practice is capable of being reduced to strict rules. To depart upon any occasion from these rules, in consequence of some flattering speculation of extraordinary gain, is almost always extremely dangerous, and frequently fatal to the banking company which attempts it.
I was no fool; I was aware that when another man is too anxious to force money on one, it is time to examine the cards, for there is almost certainly something illegal, or dangerous, or both, involved in the matter.
Man was lost if he went to a usurer, for the interest ran faster than a tiger upon him.
That strategy of buy and hold, which is the sound and sensible one for the individual, can have very dangerous and perverse effects for the market as a whole.
