Investing in a market where people believe in efficiency is like playing bridge with someone who has been told it doesn't do any good to look at the cards.
To go out of your mind once a day is tremendously important, because by going out of your mind you come to your senses. And if you stay in your mind all of the time, you are over rational, in other words you are like a very rigid bridge which because it has no give; no craziness in it, is going to be blown down by the first hurricane.
What could be more advantageous in an intellectual contest - whether it be chess, bridge, or stock selection - than to have opponents who have been taught that thinking is a waste of energy?
To go out of your mind once a day is tremendously important, because by going out of your mind you come to your senses. And if you stay in your mind all of the time, you are over rational, in other words you are like a very rigid bridge which because it has no give; no craziness in it, is going to be blown down by the first hurricane.
Don’t bother trying to explain your emotions. Live everything as intensely as you can and keep whatever you felt as a gift from God. The best way to destroy the bridge between the visible and invisible is by trying to explain your emotions.
Whenever there is injustice, there is tension. But in China it is very hard to release your anger unless you burn yourself or you jump from a bridge. In a society where there is no freedom of the press, it is difficult for victims to be noticed.
No one is more dangerously insane than one who is sane all the time: he is like a steel bridge without flexibility, and the order of his life is rigid and brittle.
I waited for the train at Coventry; I hung with grooms and porters on the bridge, To watch the three tall spires; and there I shaped The city's ancient legend into this.
I waited for the train at Coventry; I hung with grooms and porters on the bridge, To watch the three tall spires; and there I shaped The city's ancient legend into this.
Faith—is the Pierless Bridge Supporting what We see Unto the Scene that We do not— Too slender for the eye It bears the Soul as bold As it were rocked in Steel With Arms of Steel at either side— It joins—behind the Veil To what, could We presume The Bridge would cease to be To Our far, vacillating Feet A first Necessity.
The approach and strategies are very similar in that you gather all the information you can and then keep adding to that base of information as things develop. You do whatever the probabilities indicated based on the knowledge that you have at that time, but you are always willing to modify your behaviour or your approach as you get new information. In bridge, you behave in a way that gets the best from your partner. And in business, you behave in the way that gets the best from your managers and your employees.
Oscar Wilde said the rich and the poor are equal - they can both sleep under the bridge. Right? Do they have a right? You're damn right they have a right!
As long as you still have one bridge left, nothing is lost. But from the moment that you cannot even understand the storytelling or the music of other cultures anymore, then we become strangers to each other and the situation will become very complicated.