I think that the S.E.C. has been pretty feckless when it comes to reigning in reckless behavior on Wall Street.
Our whole Depression was brought on by gambling, not in the stock market alone but in expanding and borrowing and going in debt... all just to make some easy money quick.
I live by 'Earnin' and burnin'.' Meaning, I like to make money and spend it before I even have it. That's the way I live my life.
A fool and his money are soon parted.
A little wanton money, which burned out the bottom of his purse.
A fool and his money are soon invited everywhere.
Ninety percent I'll spend on good times, women and Irish Whiskey. The other ten percent I'll probably waste.
Aw man, I spend it pretty much as fast as I make it. If I want something, I don't wait around and plan or nothing. I just go out and get it.