We will continue to ignore political and economic forecasts, which are an expensive distraction for many investors and
businessmen. Thirty years ago, no one could have foreseen the huge expansion of the Vietnam War, wage and price controls, two oil shocks, the resignation of a president, the dissolution of the Soviet Union, a one-day drop in the Dow of 508 points, or treasury bill yields fluctuating between 2.8% and 17.4%.
A great country needs more people to serve it. A small country needs more people to serve. So, if both shall get what they need, the great country ought to yield.
I lived in San Jose for a little bit, and one of my neighbors was Vietnamese and was teasing me. I said "I've had pho," and then he goes, "Oh, what do you get, the number one big bowl?" I was like, "Come on, man. You don't have to come at me like that." But yeah, I've tried tendon. Tendon eventually yields.
Humor is the great thing, the saving thing after all. The minute it crops up, all our hardnesses yield, all our irritations, and resentments flit away, and a sunny spirit takes their place.
Poets and men of action differ: the former yield to their feelings in order to reproduce them in lively colors, and therefore judge only ex post facto; the latter feel and judge at one and the same time.
Public opinion is a mysterious and invisible power, to which everything must yield. There is nothing more fickle, more vague, or more powerful; yet capricious as it is, it is nevertheless much more often true, reasonable, and just, than we imagine.
How do you measure whether or not a strategy of economic growth that is articulated by a very smart, capable economist actually yields growth? You can't. But you can influence.
I yield to your wishes. It is the privilege of the women whom we love more than they love us to make the men who love them ignore the ordinary rules of common-sense.