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Littles Quotes

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Littles Quotes

“When running a Ponzi scheme, how does one avoid enormous, unexpected withdrawals - runs on the bank, so to speak - that would pull back the curtain and reveal a little man blowing smoke? One way would be to attract a core of investors who could be counted on to never withdraw more than a small percentage of principal each year.”

“Los Angeles was a place after my own heart. The people were hospitable. The country had the same attraction for me that it had for the Indians who originally chose this spot as their place to live. The Los Angeles River was a beautiful, limpid little stream, with willows on its banks. It was so attractive to me that it at once became something about which my whole scheme of life was woven, I loved it so much.”