Alice tried another question. "What sort of people live about here?"
"In THAT direction," the Cat said, waving its right paw round, "lives a Hatter: And in THAT direction," waving the other paw, "lives a March Hare. Visit either you like: they're both mad."
"But I don't want to go among mad people," Alice remarked.
"Oh, you can't help that," said the Cat: "we're all mad here. I'm mad. You're mad."
"How do you know I'm mad?" said Alice.
"You must be," said the Cat, "or you wouldn't have come here."
In England, an inventor is regarded almost as a crazy man, and in too many instances invention ends in disappointment and poverty. In America, an inventor is honoured, help is forthcoming, and the exercise of ingenuity, the application of science to the work of man, is there the shortest road to wealth.
It's really hard because you only have that split-second to determine what to do. It's crazy. I try my best to use clear judgment and make clear decisions, but a lot of those collisions are unavoidable. You're either going to let them catch it and take a step to see what's going on, or there's going to be a collision.
If you know how to value businesses, it's crazy to own 50 stocks or 40 stocks or 30 stocks, probably because there aren't that many wonderful businesses understandable to a single human being in all likelihood. To forego buying more of some super-wonderful business and instead put your money into #30 or #35 on your list of attractiveness just strikes Charlie and me as madness.
When the world goes mad, one must accept madness as sanity; since sanity is, in the last analysis, nothing but the madness on which the whole world happens to agree.
It is essential to the sanity of mankind that each one should think the other crazy - a condition with which the cynicism of human nature so cordially complies, one could wish it were a concurrence upon a subject more noble.
No formula in finance tells you that the moat is 28 feet wide and 16 feet deep. That's what drives the academics crazy. They can compute standard deviations and betas, but they can't understand moats.
Why are millions spent on the war each day, while not a penny is available for ... artists or the poor? Why do people have to starve when mountians of food are rotting away in other parts of the world? Oh, why are people so crazy?
You could see a man talking to himself as just plain crazy, or read about the criminal on the front page of the daily paper and ponder the corruption of the human heart, without having to think about whether the criminal or lunatic said something about your own fate.