Friendship, obligation and greed are not good enough reasons to write anything.
We're emphasizing the knowable by predicting how certain people and companies will swim against the current. We're not predicting the fluctuation in the current.
Show me the incentive and I will show you the outcome
Our biggest mistakes, were things we didn't do, companies we didn't buy.
Assume life will be really tough, and then ask if you can handle it. If the answer is yes, you've won.
Move only when you have an advantage. It's very basic. You have to understand the odds and have the discipline to bet only when the odds are in your favor.
'Crowd folly', the tendency of humans, under some circumstances, to resemble lemmings, explains much foolish thinking of brilliant men and much foolish behavior - like investment management practices of many foundations represented here today. It is sad that today each institutional investor apparently fears most of all that its investment practices will be different from practices of the rest of the crowd.
Quarrels would not last long if the fault was only on one side.
'Tis certain that a serious attention to the sciences and liberal arts softens and humanizes the temper, and cherishes those fine emotions in which true virtue and honor consist. It rarely, very rarely happens that a man of taste and learning is not, at least, an honest man, whatever frailties may attend him.
There is no right by the federal or state constitution to manual recounts. There is no law that says that you must count dimpled ballots, constitutional or otherwise.
Kafka often describes himself as a bloodless figure: a human being who doesn't really participate in the life of his fellow human beings, someone who doesn't actually live in the true sense of the word, but who consists rather of words and literature. In my view, that is, however, only half true. In a roundabout way through literature, which presupposes empathy and exact observation, he immerses himself again in the life of society; in a certain sense he comes back to it.