Finance Quotes

Niall Ferguson

“The ascent of money has been essential to the ascent of man.”

Niall Ferguson

Niall Ferguson Finance Quotes “If the financial system has a defect, it is that it reflects and magnifies what we human beings are like. Money amplifies our tendency to overreact, to swing from exuberance when things are going well to deep depression when they go wrong. Booms and busts are products, at root, of our emotional volatility.”