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James Grant Quotes: Progress is cumulative in science and engineering, but cyclical in finance.
         

Progress is cumulative in science and engineering, but cyclical in finance.


James Grant
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"James Grant Quotes." Quoteslyfe.com, 2024. Thu. 25 Apr. 2024. <https://www.quoteslyfe.com/quote/Progress-is-cumulative-in-science-and-engineering-684243>.





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Other quotes of James Grant


Successful investing is about having people agree with you ... later.

Successful investing is about having people agree with you ... later.



[C]apitalism without financial failure is not capitalism at all, but a kind of socialism for the rich.

[C]apitalism without financial failure is not capitalism at all, but a kind of socialism for the rich.



In almost every walk of life, people buy more at lower prices; in the stock market they seem to buy more at higher prices.

In almost every walk of life, people buy more at lower prices; in the stock market they seem to buy more at higher prices.



Every debt is ultimately paid, if not by the debtor, then eventually by the creditor.

Every debt is ultimately paid, if not by the debtor, then eventually by the creditor.



I believe that there is an important kernel of truth in the idea that financial errors recur every other generation.

I believe that there is an important kernel of truth in the idea that financial errors recur every other generation.



The Fed can change how things look, not how things are

The Fed can change how things look, not how things are



Credit is money of the mind.

Credit is money of the mind.



Nothing beats a little cash in a bear market, of course, and the oldest form of cash is gold.

Nothing beats a little cash in a bear market, of course, and the oldest form of cash is gold.



It's about bums on seats. If nobody wants to listen to what you are doing, it kind of defeats the purpose really, doesn't it?

It's about bums on seats. If nobody wants to listen to what you are doing, it kind of defeats the purpose really, doesn't it?



In general, markets know more than the people who write about them.

In general, markets know more than the people who write about them.





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[T]he craft of science . . . is an oral tradition as much as a written one.

[T]he craft of science . . . is an oral tradition as much as a written one.



With enough coffee anything is possible

With enough coffee anything is possible



Why all this fear and paranoia around Vault 7 and WikiLeaks? Solve the problem by demanding regulation that centers around Security by Design by technology manufactures, problem solved

Why all this fear and paranoia around Vault 7 and WikiLeaks? Solve the problem by demanding regulation that centers around Security by Design by technology manufactures, problem solved



Do not let go of your right to make your own decisions, because by doing so you are letting go of who you really are.

Do not let go of your right to make your own decisions, because by doing so you are letting go of who you really are.



I'm a machine freak. I just love it when you can get a big ol' steel machine to do the most that it's capable of doing.

I'm a machine freak. I just love it when you can get a big ol' steel machine to do the most that it's capable of doing.



Acting is a bit of a heart and soul exercise with me. It's kind of all I've got.

Acting is a bit of a heart and soul exercise with me. It's kind of all I've got.



Nicolas Sarkozy said he could see a wave rising. For once he was right. The wave's coming; it's high, its strong, and it's going to smack him in the face.

Nicolas Sarkozy said he could see a wave rising. For once he was right. The wave's coming; it's high, its strong, and it's going to smack him in the face.



My dad didn't want me to play guitar. He played piano, so I chose that. And I ended up loving it

My dad didn't want me to play guitar. He played piano, so I chose that. And I ended up loving it



Certainly there are great men whose age circumscribes them so completely that we lose interest.

Certainly there are great men whose age circumscribes them so completely that we lose interest.



Our epoch has been called the century of work. It is in fact the century of pain, misery and corruption.

Our epoch has been called the century of work. It is in fact the century of pain, misery and corruption.




Quote Description


This page presents the quote "Progress is cumulative in science and engineering, but cyclical in finance.". Author of this quote is James Grant. This quote is about finance, banking, engineering, progress, science,.