The most important quality for an investor is temperament, not intellect. You need a temperament that neither derives great pleasure from being with the crowd or against the crowd.
We can never lose what is really ours. Who can lose his being? Who can lose his very existence? If I am good, it is the existence first, and then that becomes colored with the quality of goodness. If I am evil, it is the existence first, and that becomes colored with the quality of badness. That existence is first, last, and always; it is never lost but ever present.
Although profoundly "inconsequential," the Zen experience has consequences in the sense that it may be applied in any direction, to any conceivable human activity, and that wherever it is so applied it lends an unmistakable quality to the work.
All tastes have the quality of being in some way artificial and invented. The secret of life is to have enough detachment from your tastes and your values to see that they are a little bit absurd.
One of the great qualities of Chancellor Merkel is that she is steady. She analyzes a situation. She's honest. Sometimes we've had disagreements, but when we do, it's very constructive. And we are consistently open with each other about how we should approach these issues.
He wa'n't no common dog, he wa'n't no mongrel; he was a composite. A composite dog is a dog that is made up of all the valuable qualities that's in the dog breed-kind of a syndicate; and a mongrel is made up of all riffraff that's left over.
The chase is among the best of all national pastimes; it cultivates that vigorous manliness for the lack of which in a nation, as in an individual, the possession of no other qualities can possibly atone.