The idea that you try to time purchases based on what you think business is going to do in the next year or two, I think that's the greatest mistake that investors make because it's always uncertain. People say it's a time of uncertainty. It was uncertain on September 10th, 2001, people just didn't know it. It's uncertain every single day. So take uncertainty as part of being involved in investment at all. But uncertainty can be your friend. I mean, when people are scared, they pay less for things. We try to price. We don't try to time at all.
There is nothing so charming as the knowledge of literature; of that branch of literature, I mean, which enables us to discover the infinity of things, the immensity of Nature, the heavens, the earth, and the seas; this is that branch which has taught us religion, moderation, magnanimity, and that has rescued the soul from obscurity; to make her see all things above and below, first and last, and between both; it is this that furnishes us wherewith to live well and happily, and guides us to pass our lives without displeasure and without offence.
I love discomfort. I mean, my whole life is discomfort. One reason I can never retire is that the idea of just sitting on the beach totally comfortable is not a desideratum in my life. I like ambiguity, I like conflict, I like uncertainly.
Things inspiring me - good melody, a great bass line, a fabulous voice... by which I mean someone who sounds great, rather than does pyrotechnics... and people playing really musically. Music is endlessly fascinating.
One can aim at honor both as one ought, and more than one ought, and less than one ought. He whose craving for honor is excessive is said to be ambitious, and he who is deficient in this respect unambitious; while he who observes the mean has no peculiar name.
Even if the absence of government really did mean anarchy in a negative, disorderly sense - which is far from being the case - even then, no anarchical disorder could be worse than the position to which government has led humanity.
Lord Polonius: What do you read, my lord? Hamlet: Words, words, words. Lord Polonius: What is the matter, my lord? Hamlet: Between who? Lord Polonius: I mean, the matter that you read, my lord.
Circumstances which we have resented, situations which we have found desperately difficult, have all been the means in the hands of God of driving the nails into the self-life which so easily complains.
The nature of men and of organized society dictates the maintenance in every field of action of the highest and purest standards of justice and of right dealing.... By justice the lawyer generally means the prompt, fair, and open application of impartial rules; but we call ours a Christian civilization, and a Christian conception of justice must be much higher. It must include sympathy and helpfulness and a willingness to forego self-interest in order to promote the welfare, happiness, and contentment of others and of the community as a whole.