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I grew up in northern California, where it was consistently in the hundreds in the summertime. My dad didn't think he should have to turn on the air conditioning when we had a swimming pool in our backyard; it was our built-in air conditioner.

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John Maynard Keynes

Thus those reformers, who look for a remedy by creating artificial carrying-costs for the money through the device of requiring legal-tender currency to be periodically stamped at a prescribed cost in order to retain its quality as money, or in analogous ways, have been on the right track; and the practical value of their proposals deserves consideration.

Creating, Order, Right, Stamped, Track, Value
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Words ought to be a little wild, for they are the assaults of thoughts on the unthinking.

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Newton was a judaic monotheist of the school of Maimonides

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It is the duty of the long-term investor to endure great losses with equanimity.

Duty, Investing, Investor, Long, Loss, Losses

An investor who proposes to ignore near-term market fluctuations needs greater resources for safety and must not operate on so large a scale, if at all, with borrowed money.

Greater, Market, Money, Needs, Resources, Safety

The engine which drives enterprise is not thrift, but profit.

Engine, Enterprise, Profit, Thrift
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