We still find very few [stocks] that even mildly interest us. That dismal fact is testimony to the insanity of valuations reached during The Great Bubble. Unfortunately, the hangover may prove to be proportional to the binge.
The true nature of bureaucracy may be nowhere more obvious to the observer than in a developing country, for only there will it still be made manifest by the full complement of documents, files, veneered desks and cabinets - which convey the strict and inverse relationship between productivity and paperwork.
O nightingale, that on yon bloomy spray Warblest at eve, when all the woods are still; Thou with fresh hope the lover's heart dost fill While the jolly hours lead on propitious May.
You may charge me with murder--or want of sense--
(We are all of us weak at times):
But the slightest approach to a false pretence
Was never among my crimes!