“There are a lot of dead carcasses on the road, and the vultures are out sniffing. This is the cycle of Wall Street. When bubbles crash, you get the value guys who come in and say, 'This thing is cheap.”

“They say it's the woman's prerogative to change her mind. But that's wrong. Guys are the one who get to say, "You know what? I don't want to be with you after all." They get to say it after they've sucked all the sweetness out of you, just like those cheap, liquid filled wax candy things we used to get for Halloween. They leave you dried up, empty piece of wax, and head off to find somebody else who still has some sweetness inside.”

“Don't you know that there's another bubble as well An expectations bubble. Bigger houses private planes yachts ...... stupid salaries and bonuses. People come to desire these things and expect them. But the expectations bubble will burst as well as all bubbles do. Come to my gallery and I will sell you beautiful things at a more reasonable price. But the point is that they will have value. Things of real beauty things of the spirit.”

“When a guy says he's a 'simple man', what he's really telling you is he's cheap.”

“I have this theory," says Andy Stone, seated in his office at Prudential-Bache Securities. "Wall Street makes its best producers intomanagers. The reward for being a good producer is to be made amanager. The best producers are cutthroat, competitive, and oftenneurotic and paranoid. You turn those people into managers, and they goafter each other. They no longer have the outlet for their instincts thatproducing gave them. They usually aren't well suited to be managers.Half of them get thrown out because they are bad. Another quarter getmuscled out because of politics. The guys left behind are just the mostruthless of the bunch. That's why there are cycles on Wall Street—whySalomon Brothers is getting crunched now—because the ruthless peopleare bad for the business but can only be washed out by proven failure.”

“There was a still life on Billy's bedside table-two pills, an ashtray with three lipstick-stained cigarettes in it, one cigarette still burning, and a glass of water. The water was dead. So it goes. Air was trying to get out of the dead water. Bubbles were clinging to the walls of the glass, too weak to climb out.”