Successful investors like stocks better when they’re going down. When you go to a department store or a supermarket, you like to buy merchandise on sale, but it doesn’t work that way in the stock market. In the stock market, people panic when stocks are going down, so they like them less when they should like them more. When prices go down, you shouldn’t panic, but it’s hard to control your emotions when you’re overextended, when you see your net worth drop in half and you worry that you won’t have enough money to pay for your kids’ college.
Amos Oz
It is wrong to take an 18-year-old boy or girl and arm them with machine guns and make them the almighty king of some little Arab village. No young man, and no old man either, should have so much power over the life and death of so many helpless individuals. It is corrupting. It sometimes provokes desperate, savage and indiscriminate violence among the occupied.
