Creditors have better memories than debtors.
A man will be generally very old and feeble before he forgets how much money he has in the funds.
The creditor hath a better memory than the debtor.
If you think Wall Street has a short memory, you're dead wrong. No, the folks who work on Wall Street, regulate Wall Street - and, above all, invest in its wares, notably its hedge funds - don't have a bad memory. They don't have any memory at all.
I never heard of an old man forgetting where he had buried his money! Old people remember what interests them: the dates fixed for their lawsuits, and the names of their debtors and creditors.
I have no idea what stocks I held in the '90s, in the 2000s, or even now.
A point must be repeated: only the pathological weakness of the financial memory...allows us to believe that the modern experience of....debt...is in any way a new phenomenon.
It is only by not paying one's bills that one can hope to live in the memory of the commercial classes.
The memory of the financial community is proverbially and distressingly short.
In college, my big money memory was saving up to buy a car with my boyfriend, whom I lived with.
There can be few fields of human endeavor in which history counts for so little as in the world of finance.Past experience, to the extent that it is part of memory at all, is dismissed as the primitive refuge of the those who do not have insight to appreciate the incredible wonders of the present.