History is an account, mostly false, of events, mostly unimportant, which are brought about by rulers, mostly knaves, and soldiers, mostly fools. – Ambrose Bierce
Mayonnaise: One of the sauces which serve the French in place of a state religion. – Ambrose Bierce
The gambling known as business looks with austere disfavor upon the business known as gambling. – Ambrose Bierce
Faith: Belief without evidence in what is told by one who speaks without knowledge, of things without parallel. – Ambrose Bierce
Cause and effect, the riddle of all history, is a particular devil in financial history and never more so than today, where entire classes of security are collapsing not on public exchanges and stock-tickers but because there are no markets to establish prices this side of nothing. – James Buchan