The true investor welcomes volatility ... a wildly fluctuating market means that irrationally low prices will periodically be attached to solid businesses.
That's just how white folks will do you. It wasn't merely the cruelty involved; I was learning that black people could be mean and then some. It was a particular brand of arrogance, an obtuseness in otherwise sane people that brought forth our bitter laughter. It was as if whites didn't know they were being cruel in the first place. Or at least thought you deserved of their scorn.
Savings represent much more than mere money value. They are the proof that the saver is worth something in himself. Any fool can waste; any fool can muddle; but it takes something more of a man to save and the more he saves the more of a man he makes of himself. Waste and extravagance unsettle a man's mind for every crisis; thrift, which means some form of self-restraint, steadies it.
I thought about societies where exceptional fortunes are built up in industries with very little connection to out sincere and significant needs, industries where it is difficult to escape from the disparity between a seriousness of means and a triviality of ends.
The true democrat is he who with purely nonviolent means defends his liberty and, therefore, his country's and ultimately that of the whole of mankind.
A matter that becomes clear ceases to concern us.--What was that god thinking who counseled, "Know thyself!" Did he perhaps mean,"Cease to concern yourself! Become objective!"--And Socrates?--And "scientific men"?
Avoid the philosophy and excuse that yesterday's luxuries have become today's necessities. They aren't necessities unless we ourselves make them such. . . . It is essential for us to live within our means.
You only have temporary curiosity, amusement, and challenges, but that does not necessarily mean you are really convinced that it's necessary or that it's not even worth to do it. It's just a way you have to set up some kind of activities to follow your instincts or your curiosities.
There is a proper measure in all things, certain limits beyond which and short of which right is not to be found. Who so cultivates the golden mean avoids the poverty of a hovel and the envy of a palace.
A man who is truthful and does not mean ill even to his adversary will be slow to believe charges even against his foes. He will, however, try to understand the viewpoints of his opponents and will always keep an open mind and seek every opportunity of serving his opponents.
What a poem means is as much what it means to others as what it means to the author; and indeed, in the course of time a poet may become merely reader in respect to his own works, forgetting his original meaning.
Science has gone a long way toward helping man to free himself from the burden of hard labor; yet, science itself is not a liberator. It creates means, not goals. It is up to men to utilize those means to achieve reasonable goals.