"In rising financial markets, the world is forever new. The bull or optimist has no eyes for past or present, but only for the future, where streams of revenue play in his imagination."
"The empires of the future are the empires of the mind."James Buchan on Winston Churchill
"Every saint has a past and every sinner has a future."James Buchan on Oscar Wilde
"Again, you can't connect the dots looking forward you can only connect them looking backwards. So you have to trust that the dots will somehow connect in your future. You have to trust in something - your gut, destiny, life, karma, whatever. This approach has never let me down, and it has made all the difference in my life."James Buchan on Steve Jobs
"I never think of the future - it comes soon enough."James Buchan on Albert Einstein
"It is not in the stars to hold our destiny but in ourselves."James Buchan on William Shakespeare
"Any new financial order for the world must tackle the three chief challenges of our age."
"There are signs that the age of petroleum has passed its zenith. Adjusted for inflation, a barrel of crude oil now sells for three times its long-run average. The large western oil companies, which cartellised the industry for much of the 20th century, are now selling more oil than they find, and are thus in the throes of liquidation."
"Rarely in modern times has there been such a revolution in commercial sentiment as occurred in 2008, or such a display in government and business of panic and helplessness."
"Profits in business always depend on the rate of interest: the higher the interest, the higher the rate of profit required."
"Up until the Depression, recession had a moral character: it was supposed to purge the body economic of the greed and excess that attends a business expansion."
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