We say we are trying to buy into businesses with excellent economics, run by honest and able people at a decent price. We buy very few securities, so we look at it as "focused" investing.
Be advised; Heat not a furnace for your foe so hot That it do singe yourself: we may outrun, By violent swiftness, that which we run at, And lose by over-running. Know you not, The fire that mounts the liquor til run o'er, In seeming to augment it wastes it?
One must console oneself with the thought that time has a sieve through which most of these important things run into the ocean of oblivion and what remains after this selection is often still trite and bad.
There are certain truths which stand out so openly on the roadsides of life, as it were, that every passer-by may see them. Yet, because of their obviousness, the general run of people disregard such truths or at least they do not make them the object of any concious knowledge. People are so bliend to some of the simplest facts in everyday life that they are highly surprised when somebody calls attention to what everybody ought to know.
Run for your lives-the computers are invading. Awesomely powerful computers tackling ever more important tasks with awkward, old-fashioned interfaces. As these machines leak into every corner of our lives, they will annoy us, infuriate us, and even kill a few of us. In turn, we will be tempted to kill our computers, but we won't dare because we are already utterly, irreversibly dependent on these hopeful monsters that make modern life possible.
In some cases, in order to protect global issues some sacrifice for national interest is worth it in the long run. Global warming, these things, they suffer everybody.
Destiny ... a word which means more than we can find any definitions for. It is a word which can have no meaning in a mechanical universe: if that which is wound up must run down, what destiny is there in that? Destiny is not necessitarianism, and it is not caprice: it is something essentially meaningful. Each man has his destiny, though some men are undoubtedly "men of destiny" in a sense in which most men are not.
Generally speaking, investing in yourself is the best thing you can do. Anything that improves your own talents; nobody can tax it or take it away from you. They can run up huge deficits and the dollar can become worth far less. You can have all kinds of things happen. But if you’ve got talent yourself, and you’ve maximized your talent, you’ve got a tremendous asset that can return ten-fold.
Life is thickly sown with thorns. I know no other remedy than to pass rapidly over them. The longer we dwell on our misfortunes the greater is their power to harm us.
To the young mind every thing is individual, stands by itself. By and by, it finds how to join two things and see in them one nature; then three, then three thousand; and so, tyrannized over by its own unifying instinct, it goes on tying things together, diminishing anomalies, discovering roots running under ground whereby contrary and remote things cohere and flower out from one stem.
When you run a race, you hurt your ability to compete when you turn your head to look at the competition chasing you, you lose a step physically and psychologically. Run the race always stretching to do your best, imitations will come in last, no one can catch an original.
Only our love hath no decay; this, no tomorrow hath, nor yesterday, running it never runs from us away, but truly keeps his first, last, everlasting day.