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.
Take this at least, this last advice, my son:
Keep a stiff rein, and move but gently on:
The coursers of themselves will run too fast,
Your art must be to moderate their haste.
There are two kinds of suffering. There is the suffering you run away from, which follows you everywhere. And there is the suffering you face directly, and so become free.
Unprecedented warnings by officials most closely linked with nuclear arms negotiations and defense strategy indicate that we are running out of time. If we fail to act soon, the scars of a major nuclear disaster will mark our immediate and distant future.
My position as regards the monied interests can be put in a few words. In every civilized society property rights must be carefully safeguarded; ordinarily and in the great majority of cases, human rights and property rights are fundamentally and in the long run, identical; but when it clearly appears that there is a real conflict between them, human rights must have the upper hand; for property belongs to man and not man to property.
I think it's important to recognize that you can't have 100 per cent security and also then have 100 per cent privacy and zero inconvenience.... In the abstract you can complain about Big Brother and how this is a potential program run amok, but when you actually look at the details then I think we've struck the right balance.
If we all discharge our duties, rights will not be far to seek. If leaving duties unperformed we run after rights, they will escape us like a will-o'-the-wisp.
[Diego Luna Cassian] quite a smartass, and I really appreciate smartasses. He used to make fun of me for the stupid backpack I wore. There were a few situations where I couldn't [wear the stilts]. [When] I was on a cliffside or running in water and stuff like that, I had to wear this backpack with a telescoping head that came off the top, and it was really stupid looking.
I love a statement by the apostle Paul, in the Book of Philippians in the Bible. I think the Corinthians had been writing to Paul, telling him that old men were chasing young women, nobody was tithing - and all that must have run Paul crazy. He wrote back and said, "If there be anything of good report, speak of these things." That's one of my principles.It's another discipline that I encourage myself to employ - to, as much as possible, say the courteous thing, and then be it.
Lily, the caretaker's daughter, was literally run off her feet. Hardly had she brought one gentleman into the little pantry behind the office on the ground floor and helped him off with his overcoat, than the wheezy hall-door bell clanged again and she had to scamper along the bare hallway to let in another guest. It was well for her she had not to attend to the ladies also.