Confidence in markets and in institutions, it's a lot like oxygen. When you have it, you don't even think about it. It's indispensable. You can go years without thinking about it. When it's gone for five minutes, it's the only thing to think about.
I don't know if I continue, even today, always liking myself. But what I learned to do many years ago was to forgive myself. It is very important for every human being to forgive herself or himself because if you live, you will make mistakes - it is inevitable. But once you do and you see the mistake, then you forgive yourself and say, 'Well, if I'd known better I'd have done better,' that's all.
The 'kingdom of God' is not something one waits for; it has no yesterday or tomorrow, it does not come 'in a thousand years' it is an experience within a heart; it is everywhere, it is nowhere.
If you invested in a very low cost index fund - where you don't put the money in at one time, but average in over 10 years -you'll do better than 90% of people who start investing at the same time.
It is beyond a doubt that during the sixteenth century, and the years immediately preceding and following it, poisoning had been brought to a pitch of perfection which remains unknown to modern chemistry, but which is indisputably proved by history. Italy, the cradle of modern science, was at that time, the inventor and mistress of these secrets, many of which are lost.
We're just getting better at our trade, man. We know what we're doing, and the reason why is that we've spent 30 years doing it. There's nothing that can replace that.
Lincoln-sad, patient, kindly Lincoln, who after bearing upon his weary shoulders for four years a greater burden than that borne by any other man of the nineteenth century laid down his life for the people whom living he had served as well-built upon his early study of the Bible.
I asked him what he wanted to do for his career, and he replied that he wanted to go into a particular field, but thought he should work for McKinsey for a few years first to add to his resume. To me that's like saving sex for your old age. It makes no sense.
Somewhere in my soul a thought went up in my mind today that I have had before, but did not finish, some way back, I could not fix the year. Nor where it went, nor why it came the second time to me, nor definetly what it was, have I the art to say. But somewhere in my soul, I know I've met the thing before; it just reminded me-' twas all'-and came my way no more.
I realized the true function of a lawyer was to unite parties riven asunder. The lesson was so indelibly burnt into me that a large part of my time during the twenty years of my practice as a lawyer was occupied in bringing about private compromises of hundreds of cases. I lost nothing thereby -- not even money, certainly not my soul.
I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.
Many years ago, I contracted an intimacy with a Mr. William Legrand. He was of an ancient Huguenot family, and had once been wealthy; but a series of misfortunes had reduced him to want.
It takes hundred of years sitting together in the same boat. It takes thousand of years sharing the same bed with. It calls : the predestined affinity.