Quotes of the day

In physics there may one day be a Theory of Everything; in finance and the social sciences, you’re lucky if there is a useable theory of anything.--Emanuel Derman

Ultimately, I find Stewart disturbing because in some sense he's doing exactly what Cramer is--making powerful statements, and then when he gets called on him, retreating into the claim that well, you can't really expect him to act as if he were being taken seriously. ... Financial journalism isn't, as Stewart argues to Cramer over and over, entertainment. So how come Stewart acted as if it was? --Megan McArdle

I represent millionaires against billionaires.--Scott Boras