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%.
The only way to get rid of a temptation is to yield to it. Resist it, and your soul grows sick with longing for the things it has forbidden to itself, with desire for what its monstrous laws have made monstrous and unlawful.
Let no young man choosing the law for a calling for a moment yield to the popular belief -- resolve to be honest at all events; and if in your own judgment you cannot be an honest lawyer, resolve to be honest without being a lawyer.
I have really got it into my head to try to be United States Senator, and, if I could have your support, my chances would be reasonably good. But I know, and acknowledge, that you have as just claims to the place as I have; and therefore I cannot ask you to yield to me, if you are thinking of becoming a candidate, yourself. If, however, you are not, then I should like to be remembered affectionately by you; and also to have you make a mark for me with the Anti-Nebraska members down your way.
But the most brilliant propagandist technique will yield no success unless one fundamental principle is borne in mind constantly and with unflagging attention. It must confine itself to a few points and repeat them over and over. Here, as so often in this world, persistence is the first and most important requirement for success.
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.
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.
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.