Germany Lets Economy Plunge to Meet Climate Change Goals
Germany is on track to meet its climate change initiatives at the expense of its economy. To look at the overall health of the European Union, we may look directly [...]
QUESTION: You have said that all we have are politicians, not statesmen. What is your definition of a statesman?
GD
ANSWER: A statesman is one who admits when he has made a mistake and has the wisdom to correct it before it does any more harm. This is the same quality required to be a successful hedge fund manager. If you cannot quickly realize when you are wrong and get out of a bad trade, you will lose your shirt, pants, wife, kids, and the dog.