31 October 2008

Great Quotes #8 - The Internet & Finance

"The Internet has made it possible for anybody with an online brokerage account and a broadband connection to become a global investor, but with that freedom has come a great responsibility: to know what you're doing without relying on government oversight. And in a world where our ability to trade exotic financial instruments vastly exceeds our ability to understand and value them, that is a very dangerous thing indeed."

-- Paul Kedrosky, NewsWeek