Nature is a machine. The family is a machine. The life cycle is like a machine.
Copy Quote View & ShareI think that the first thing is you should have a strategic asset allocation mix that assumes that you don't know what the future is going to hold.
Copy Quote View & ShareA beautiful deleveraging balances the three options. In other words, there is a certain amount of austerity, there is a certain amount of debt restructuring, and there is a certain amount of printing of money. When done in the right mix, it isn't dramatic.
Copy Quote View & ShareNature is a machine. The family is a machine. The life cycle is like a machine.
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