[The U.S. Treasury] can borrow basically unlimited amounts. They can stay there for years and years. These assets will be worth more money over time. So when Merrill Lynch sells a bunch of mortgage-related assets at 22 cents on the dollar like they did a month or so ago, the buyer goes - is going to make money, and he's going to make a lot more money if it happens to be an institution like the U.S. government which has very, very cheap borrowing costs.
But I was too restless to watch long; I'm too Occidental for a long vigil. I could work at a problem for years, but to wait inactive for twenty-four hours - that's another matter.
If you aren't willing to own a stock for ten years, don't even think about owning it for ten minutes. Put together a portfolio of companies whose aggregate earnings march upward over the years, and so also will the portfolio's market value.
The way to develop inner peace through meditation begins with the recognition that the destroyer of inner peace is not some external foe, but is within us. Therefore, the solution is within us too. However, that inner change does not take place immediately in the way that we switch on a light, but takes weeks, months and years.
If at any time all labour should cease, and all existing provisions be equally divided among the people, at the end of a single year there could scarcely be one human being left alive--all would have perished by want of subsistence.
When I was a kid, I thought I was going to be an architect, because when I was 12 years old I had a guidance counselor that convinced me that that was the best career choice for me.
Writings survive the years; it is by writings that you know Agamemnon, and those who fought for or against him.
[Lat., Scripta ferunt annos; scriptis Agamemnona nosti,
Et quisquis contra vel simul arma tulit.]
Can I just tell you the truth? I get asked to do a lot of stuff. And all of the years that people have asked me to do things for the film festival, I couldn't. And so this year, I thought, "Oh, my god, I don't have a day job. If somebody ask me to do something, I'm going to do it."
The best characterization is provided by the product of this religious education, the Jew himself. His life is only of this world, and his spirit is inwardly as alien to true Christianity as his nature two thousand years previous was to the great founder of the new doctrine.
I was told many years ago by my grandmother who raised me: If somebody puts you on a road and you don't feel comfortable on it and you look ahead and you don't like the destination and you look behind and you don't want to return to that place, step off the road.