Troubles hurt the most when they prove self-inflicted.
Ben was a great believer in buying a diversified group of securities, so that he limited his risk.
When it comes to investing, my suggestion is to first understand your strengths and weaknesses, and then devise a simple strategy so that you can sleep at night!
You have to have patience in this field.
If the market were way over priced, I wouldn't own any stocks.
Try to buy assets at a discount than to buy earnings.
We like to buy stocks which we feel are undervalued and then we have to have the guts to buy more when they go down.
We all agree that pessimism is a mark of superior intellect.
It is not a sentimental, but a grimly literal fact that unless we share this terrestrial globe with creatures other than ourselves, we shall not be able to live on it for long.
Architecture is the constant fight between man and nature, the fight to overwhelm nature, to possess it. The first act of architecture is to put a stone on the ground. That act transforms a condition of nature into a condition of culture; it's a holy act.
If the Tiber rises too high, or the Nile too low, the remedy is always feeding Christians to the lions.