he also said, "the market can remain irrational longer than you can remain solvent."
Since we're doing JMK quotes, he also said "Capitalism is the extraordinary belief that he nastiest of men, for the nastiest of reasons, will somehow work for the benefit of us all."
And that’s why we follow his ideas. Regulated capitalism is the best economic system (so far.)
Apparently, that nice bon mot is from A. Gary Shilling from the 1980s.