The investment we're all looking for is actually saving labor... Look at what the internet is doing to retail. Download Download Share on Facebook Share on Twitter Rotate quotes internet investment labor
What we define as a bubble is any kind of debt-fueled asset inflation where the cash flow generated by the asset itself - a rental property, office building, condo - does not cover the debt incurred to buy the asset. So you depend on a greater fool, if you will, to come in and buy at a higher price. James Chanos assetbubblebuild share on social
The Chinese banking system is built on quicksand and that's the one thing a lot of people don't realize. Everybody seems to think it is a free and clear open checkbook. It's not. The banking system in China is extremely fragile. James Chanos bankbuildcheckbook share on social
Bubbles are best identified by credit excesses, not valuation excesses. And there's no bigger credit excess than in China. James Chanos bigbubblechina Change image and share on social
I use computers and the Internet every day of my life, and yet I have absolutely no idea how they work. I'm like a labrador watching 'The Matrix.' John Niven absolutelycomputerday Change image and share on social
Women ought to be fully guarded by law in all rights of property, labor, profession, etc.; but, roughly stated, the voting population ought to represent the fighting population. John Boyle O'Reilly fightfullyguard Change image and share on social
I didn't end up going bankrupt... I made some great investments and I held on to my money, which also enables me to have the freedom to do what I want now. But it's not about finances. No matter what, it's about keeping it real. Vanilla Ice bankruptenableend share on social