When Religion Attacks Itself
Religion has always influenced economics and geopolitical events. For nearly two hundred years, the emperors of the Eastern Roman Empire, known as Byzantium, had followed the traditions of just placing [...]
QUESTION: You have said that all we have are politicians, not statesmen. What is your definition of a statesman?
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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.