When you build a bridge, you insist that it can carry 30,000 pounds, but you only drive 10,000-pound trucks across it. And that same principle works in investing.
In the firm expectation that when London shall be a habitation of bitterns, when St. Paul and Westminster Abbey shall stand shapeless and nameless ruins in the midst of an unpeopled marsh, when the piers of Waterloo Bridge shall become the nuclei of islets of reeds and osiers, and cast the jagged shadows of their broken arches on the solitary stream, some Transatlantic commentator will be weighing in the scales of some new and now unimagined system of criticism the respective merits of the Bells and the Fudges and their historians.
My advice to African leaders is to make sure that if, in fact, China is putting in roads and bridges, number one, that they are hiring African workers; number two, that the roads don't just lead from the mine to the port to Shanghai.
Building new roads and bridges creates jobs. Growing our exports creates jobs. Reforming our outdated tax system and our broken immigration system creates jobs.
The thing I'd really like to see is the old London Bridge, with all the old buildings around it like Shakespeare's Globe. I'd like to walk along that. Don't worry, I won't get drunk and fall in.
Crowds stand around all day long and criticise that bridge, and find fault with it, and tell with unlimited frankness how it ought to have been planned, and how they would have built it had the city granted them the $14,000 it cost. It is really refreshing to hang around these and listen to them. A foreigner would come to the conclusion that all America was composed of inspired professional bridge builders.
By the rude bridge that arched the flood, Their flag to April's breeze unfurled, Here once the embattled farmers stood, And fired the shot heard round the world.
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?
If you were successful, somebody along the line gave you some help... Somebody helped to create this unbelievable American system that we have that allowed you to thrive. Somebody invested in roads and bridges. If you’ve got a business - you didn’t build that. Somebody else made that happen.
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.
Romance was a game, like bridge, in which you said things instead of playing cards. Like bridge you had to pretend you were playing for money or playing for some stakes.
In an inflationary world, a toll bridge (like company) would be a great thing to own because you've laid out the capital costs. You built it in old dollars and you don't have to keep replacing it.