After all, concentration and correlation are as bad for ideas as they are for financial assets. The central banking community counts on Andy to mitigate that risk. The records suggest that Ferdinand Pecora was ‘an astute prosecutor with a sharp wit and acerbic tongue’. 19 Andy’s tongue may not be acerbic, but his wit is sharp.
Today you had the chance to discover that he is also an excellent speaker. 19  ‘A History of Notable Senate Investigations prepared by the United States Senate Historical Office’, https://www.senate.gov/artandhistory/history/common/investigations/pdf/Pecora_investigation_citations.pdf. 8  Designed by the Printing and Publishing Division of the Bank of Italy