I won't close down a business of subnormal profitability merely to add a fraction of a point to our corporate returns. I also feel it inappropriate for even an exceptionally profitable company to fund an operation once it appears to have unending losses in prospect. Adam Smith would disagree with my first proposition and Karl Marx would disagree with my second; the middle ground is the only position that leaves me comfortable.
And can it be that in a world so full and busy the loss of one creature makes a void so wide and deep that nothing but the width and depth of eternity can fill it up!
If I use the media, even with tricks, to publicize a black youth being shot in the back in Teaneck, New Jersey... then I should be praised for it, and it's more of a comment on them than me that it would take tricks to make them cover the loss of life.
If we can embrace the adventure and risk and equip our churches to lay down their lives and abandon their inherent loss-aversion, who knows what innovation, what freshness, what new insights from the Spirit will emerge.
O loss of sight, of thee I most complain! Blind among enemies, O worse than chains, dungeon or beggary, or decrepit age! Light, the prime work of God, to me is extinct, and all her various objects of delight annulled, which might in part my grief have eased. Inferior to the vilest now become of man or worm; the vilest here excel me, they creep, yet see; I, dark in light, exposed to daily fraud, contempt, abuse and wrong, within doors, or without, still as a fool, in power of others, never in my own; scarce half I seem to live, dead more than half.
I grieve for every death.'It breaks my heart to think about a family weeping over the loss of a loved one. I understand the anguish that some feel about the death that takes place.
It's got to be the best intellectual exercise out there. You're seeing through new situations every ten minutes. In the stock market you don't base your decisions on what the market is doing, but on what you think is rational. Bridge is about weighing gain/loss ratios. You're doing calculations all the time.
Should God create another Eve, and I Another Rib afford, yet loss of thee Would never from my heart; no no, I feel The Link of Nature draw me: Flesh of Flesh, Bone of my Bone thou art, and from thy State Mine never shall be parted, bliss or woe.
Tragedy depends on the way you see it. If you chose to be a victim of the world, anything which happens to you will feed that dark side of your soul, where you consider yourself wronged, suffering, guilty and deserving punishment. If you choose to be an adventurer, the changes - even the inevitable losses, since everything in this world changes - can cause some pain, but will soon thrust you forward, forcing you to react.
The gross profits in many workouts appear quite small. It's a little like looking for parking meters with some time left on them. However, the predictability coupled with a short holding period produces quite decent average annual rates of return after allowance for the occasional substantial loss.