Welcome to Bookmarker!

This is a personal project by @dellsystem. I built this to help me retain information from the books I'm reading.

Source code on GitHub (MIT license).

[...] One is convinced that the market will rise; the other that it will fall [...] The first person is so convinced that the markets will rise that he bets $1 million that it will be higher a year from now. Sure that he will be much richer in a year's time, he starts to spend now. The second person [...] also starts to spend now. The bookmaker covers his bets.

[...] Financial markets thrive on differences of opinion--they make the horse race. They also create 'mistakes' in perceptions of wealth or spending power. [...]

my margin notes: "the money shot" which I assume refers to me feeling vindicated about my own theories on financialisation (great)

—p.315 Healing and Hubris: The World Economy Today (290) by Mervyn King 6¬†years, 1¬†month ago