Quotes of the Morning

And both from the same site. Serendipity at it’s best.

The site in question is a popular financial blog, The Big Picture. He has a Ernest Hemingway Quote on the right side of his blog.

Everything is on such a clear financial basis in France. It is the simplest country to live in. No one makes things complicated by becoming your friend for any obscure reason. If you want people to like you you have only to spend a little money. I spent a little money and the waiter liked me. He appreciated my valuable qualities. He would be glad to see me, and would want me at his table. It would be a sincere liking because it would have a sound basis. I was back in France. —Ernest Hemingway, The Sun Also Rises.

This is only half true, because if you show up with a bottle of Calva, that works as well.

He also has a good post this morning about Facebook’s neverending IPO where he closes by saying:

My best estimate of fair value is when its in the teens — just like most of its users average age . . .

Full agreement here!