Investors should remember that their scorecard is not computed using Olympic-diving methods: Degree-of-difficulty doesn't count. If you are right about a business whose value is largely dependent on a single key factor that is both easy to understand and enduring, the payoff is the same as if you had correctly analyzed an investment alternative characterized by many constantly shifting and complex variables.
The fact that seasoned politicians can say such ridiculous things - and get away with it - illustrates the degree to which the new dogma... has swept through the left-of-centre governing classes.
For those who need consolation no means of consolation is so effective as the assertion that in their case no consolation is possible: it implies so great a degree of distinction that they at once hold up their heads again.
Unpleasant, even dangerous, qualities can be found in every nation and every individual: it is cruel to demand that the Jew be an exception. In him, these qualities may even be dangerous and revolting to an unusual degree; and perhaps the young stock-exchange Jew is altogether the most disgusting invention of mankind.
Let none presume To wear an undeserved dignity. O that estates, degrees, and offices Were not derived corruptly, and that clear honour Were purchased by the merit of the wearer!
Fear is good. In the right degree it prevents us from making fools of ourselves. But in the wrong measure it prevents us from fully living. Fear is our boon companion but never our master.