Our investments continue to be few in number and simple in concept: The truly big investment idea can usually be explained in a short paragraph. We like a business with enduring competitive advantages that is run by able and owner-oriented people. When these attributes exist, and when we can make purchases at sensible prices, it is hard to go wrong (a challenge we periodically manage to overcome).
I happen to have a talent for allocating capital. But my ability to use that talent is completely dependent on the society I was born into. If I'd been born into a tribe of hunters, this talent of mine would be pretty worthless. I can't run very fast. I'm not particularly strong. I'd probably end up as some wild animal's dinner.
She wasn't a victim of fate, she was running her own risks, pushing beyond her own limits, experiencing things which, one day, in the silence of her heart, in the tedium of old age, she would remember almost with nostalgia - however absurd that might seem.
That would be nice if [people] stuck [treasury bills] all under a mattress, but they got to buy something with them. Sometimes they buy a treasury note, sometimes they set up sovereign wealth funds. They can do all kinds of things. They can buy our companies here. As long as we consume more than we produce, and we trade away little pieces of the country daily, they're going to own something. Now, they can't run from American assets. I mean every day the rest of the world is going to have about two billion more of American assets than we have, as long as they sell us these goods.
As a fighter pilot I know from my own experiences how decisive surprise and luck can be for success, which in the long run comes only to the one who combines daring with cool thinking.
We have a strong and vital role to play in Iraq, and we certainly cannot leave a vacuum for the insurgents to take over. We are engaged in a conflict from which America cannot afford to cut and run. We must be steadfast in this endeavor, upon which depends not only our future but that of the entire modern world.
If you don't have any fresh ideas, then you use stale tactics to scare the voters. If you don't have a record to run on, then you paint your opponent as someone people should run from. You make a big election about small things.
If the barricades went up in our streets and the poor became masters, I think the priests would escape, I fear the gentlemen would; but I believe the gutters would simply be running with the blood of philanthropists.
Nothing not built with hands of course is sacred.
But here is not a question of what's sacred;
Rather of what to face or run away from.
I'd hate to be a runaway from nature.
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.
To observe and watch one's own mind is something really interesting. The untrained mind will run and follow its old habit patterns. Because it has not been trained and taught, it will get lost in all kinds of stories and issues. Therefore we have to train our mind. The meditation practice in Buddhism is all about training one's own mind.
There were tactical decisions that I wish I could have done differently: mission accomplished, not revealing my drunken driving charge prior to my run for the presidency, flying over New Orleans on Katrina and the pictures being released and people saying, "he's aloof and doesn't really care."
For there is a growing apprehension that existence is a rat-race in a trap: living organisms, including people, are merely tubes which put things in at one end and let them out at the other, which which both keeps them doing it and in the long run wears them out. So to keep the farce going, the tubes find ways of making new tubes, which also put things in at one end and let them out at the other.
Cold Mountain Buddhas Han Shan Wait without thought, for you are not ready for thought: So the darkness shall be the light, and the stillness be dancing. Whisper of running streams, and winter lightning. The wild thyme unseen and the wild strawberry, The laughter in the garden, echoed ecstasy Not lost, but requiring, pointing to the agony Of death and birth.