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.
Blood mixture and the result drop in the racial level is the sole cause of the dying out of old cultures; for men do not perish as a result of lost wars, but by the loss of that force of resistance which is continued only in pure blood. All who are not of good race in this world are chaff.
In our own case, we don't consider the loss of a monastery or a monument the end of our entire way of life. If one monastery is destroyed, sometimes it happens.
what is joy without sorrow? what is success without failure? what is a win without a loss? what is health without illness? you have to experience each if you are to appreciate the other. there is always going to be suffering. it’s how you look at your suffering, how you deal with it, that will define you.
... I feel certain that his tale is true. Feeling that certainty, I befriend him. As long as that certainty shall last, I will befriend him. And if any consideration could shake me in this resolve, I should be so ashamed of myself for my meanness, that no man's good opinion - no, nor no woman's - so gained, could compensate me for the loss of my own.
Any brief military advantage the USA might gain with nuclear weapons would be offset by political and psychological losses and damage to American prestige. The United States might even touch off a worldwide armaments race.
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.
No nation deserves to exist if it permits itself to lose the stern and virile virtues; and this without regard to whether the loss is due to the growth of a heartless and all-absorbing commercialism, to prolonged indulgence in luxury and soft, effortless ease, or to the deification of a warped and twisted sentimentality.