If you expect to be a net saver during the next 5 years, should you hope for a higher or lower stock market during that period? Many investors get this one wrong. Even though they are going to be net buyers of stocks for many years to come, they are elated when stock prices rise and depressed when they fall. This reaction makes no sense. Only those who will be sellers of equities in the near future should be happy at seeing stocks rise. Prospective purchasers should much prefer sinking prices.
I probably worked every single entertainment medium, including some that don't exist. I worked the circus, carnival, I had my own medicine show, I worked 18 years of radio.
As prime minister, I worked closely with Ronald Reagan for eight of the most important years of all our lives. We talked regularly both before and after his presidency. And I have had time and cause to reflect on what made him a great president.
We [women] have borne and bred and washed and taught, perhaps to the age of six or seven years, the one thousand six hundred and twenty-three million human beings who are, according to statistics, at present in existence, and that ... takes time.
For 35 years I was a writer. I wrote a lot of jokes. Some of them weren’t funny. Some of them weren’t appropriate. Some of them were downright offensive. I understand that.
I repeat the declaration made a year ago, that 'while I remain in my present position I shall not attempt to retract or modify the emancipation proclamation, nor shall I return to slavery any person who is free by the terms of that proclamation, or by any of the Acts of Congress.' If the people should, by whatever mode or means, make it an Executive duty to re-enslave such persons, another, and not I, must be their instrument to perform it.
It seems that I have always been ahead of my time. I had to wait nineteen years before Niagara was harnessed by my system, fifteen years before the basic inventions for wireless which I gave to the world in 1893 were applied universally.
Centuries hence, when current social and political problems may seem as remote as the problems of the Thirty Years' War are to us, our age may be remembered chiefly for one fact: It was the time when the inhabitants of the earth first made contact with the vast cosmos in which their small planet is embedded.
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.
You have to transmit to them what its like being in the theater. And it has to come from somewhere inside you and not by being like what somebody did last year.
The monumental pomp of age Was with this goodly personage; A stature undepressed in size, Unbent, which rather seemed to rise In open victory o'er the weight Of seventy years, to loftier height.
If at times I have thought myself unfortunate, it is because of a confusion, an error. I have mistaken myself for someone else... Who am I really? I am the author of The World as Will and Representation, I am the one who has given an answer to the mystery of Being that will occupy the thinkers of future centuries. That is what I am, and who can dispute it in the years of life that still remain for me?