There are no risk in Love, as you'll find out for yourself. People have been searching for and finding each other for thousands of years. Suddenly, he realised that the might be wrong. There was always a risk, a single risk: that one person might meet with more thatn one Soulmate in the same incarnation.
And when you were a silent word upon Life's quivering lips, I too was there, another silent word. Then life uttered us and we came down the years throbbing with memories of yesterday and with longing for tomorrow, for yesterday was death conquered and tomorrow was birth pursued.
It is obvious that the performance of a stock last year or last month is no reason, per se, to either own it or to not own it now. It is obvious that an inability to "get even" in a security that has declined is of no importance. It is obvious that the inner warm glow that results from having held a winner last year is of no importance in making a decision as to whether it belongs in an optimum portfolio this year.
I will never turn Medicare into a voucher. No American should ever have to spend their golden years at the mercy of insurance companies. They should retire with the care and dignity they have earned.
If we got there and we looked up and we said, "You know what? Black folks are still doing a little bit worse off than whites, but it's not like it was 20 years ago," then we can have a discussion about how do we get that last little bit. But that's a high-class problem to have.
A low-cost index fund is the most sensible equity investment for the great majority of investors. My mentor, Ben Graham, took this position many years ago, and everything I have seen since convinces me of its truth.
Everything is written in my mind, more so due to my lack of vision at this point. After years of vigorous writing, it was more of a challenge to do it without paper or sidekicks. I enjoy a good challenge.
It is a curious fact about British Islanders, who hate drill and have not been invaded for nearly a thousand years, that as danger comes nearer and grows they become progressively less nervous; when it is imminent the are fierce, when it is mortal they are fearless.
Yeah, we shot ourselves in the foot right out of the gate. The guy who ran it at first misled pretty much everybody about how much capital we had. He said we had enough to go three years without making money, and we had enough to go three weeks.