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Saturday, January 17, 2009

Peter Foster on gambling and banking

http://network.nationalpost.com/np/blogs/fpcomment/archive/2009/01/16/peter-foster-from-gamblers-to-bankers.aspx

Peter Foster reviews the new book A World of Chance, written by Reuven Brenner, Gabrielle A. Brenner, and Aaron Brown.

A delightful quote:
Sir Ernest Cassel, the private banker to King Edward VII, is quoted in the book as saying, with arresting candour, “When I was young, people called me a gambler. As the scale of my operations increased I became known as a speculator. Now I am called a banker. But I have been doing the same thing all the time.”
Read the whole thing!

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