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"Those caught here are not the most important players - the lazy, the badly advised, the entry level players. The 'whales' are elsewhere, still enjoying their 1% status and their armies of legal defenders and accountants. Not many Americans - we have internal places (Delaware forever) and channels that are far more complex and sophisticated. And then there is inversion."
By Catherine Kelleher on Panama Papers: key revelations so far
"Well before Keynes it was recognised that one must not be overly confident about information and knowledge. Even Confucius and Aristotle pondered the problem. Part of the problem is that people like to know. They want to be in control, and want to be optimistic. If perfect control, prediction and knowledge is possible, many bad things would not have happened."
By Moogle on The enduring certainty of radical uncertainty
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Specialist chains and online groups gain ground on traditional retailers