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"From the outside, at least, it seems to me that the German tradition is to educate people for their work, that is offer in-house training, which is specific and work related. In the UK the 'stupid' aspiration is for 50% to be sent to university, with no, or very little, work specific training. Perhaps this is why German industry, as whole, is superior to that in the UK."
–Experiential on ‘Verteilungskampf’, by Marcel Fratzscher
"If your financial advisor tells you to adjust your portfolio every so often based on various potential future outcomes, fire him. Your asset allocation should already be set up to weather all conditions based on your risk tolerances and financial goals."
–dave on Calm markets raise big risks for complacent investors