I had to try to figure out what it would be like to do things for the first time, almost as if you're a child.
The price works so well, so efficiently, that we are not aware of it most of the time.
You must distinguish sharply between being pro free enterprise and being pro business.
The broader and more influential organisations of businessmen have acted to undermine the basic foundation of the free market system they purport to represent and defend.
Look, for example, at the obvious, immediate, practical example of illegal Mexican immigration. Now, that Mexican immigration, over the border, is a good thing. It's a good thing for the illegal immigrants. It's a good thing for the United States. It's a good thing for the citizens of the country. But, it's only good so long as its illegal.
Prohibition is an attempted cure that makes matters worse - for both the addict and the rest of us.
Never try to walk across a river just because it has an average depth of four feet.
Human beings have got a lot of good, noble impulses inside them, and most people want to be good and do more good than they do evil. Hell, we've had nuclear weapons now for thirty or thirty-five years and nothing's happened yet. That in itself seems to be a miracle. If Reagan pushes the button or somebody pushes the button in Russia or somebody pushes it in Costa Rica, they can put a big tombstone in outer space that says, "We gave it a good try. " Because we have.
Before you can win a game, you have to not lose it.
Ready to wrestle with my gorgeous boyfriend? Oh, I´d say I´m ready for that. " Nora :D (p. 375)
Perhaps the most important job of a financial advisor is to get their clients in the right place on the efficient frontier in their portfolios. But their No. 2 job, a very close second, is to create portfolios that their clients are comfortable with. Advisors can create the best portfolios in the world, but they won't really matter if the clients don't stay in them.