You know, one day you're being briefed on world affairs and asked to make decisions, and the next, you're in Crawford, Texas ... and the biggest decision is when do you go mountain bike riding.
Rhetoric is useful because the true and the just are naturally superior to their opposites, so that, if decisions are improperly made, they must owe their defeat to their own advocates; which is reprehensible. Further, in dealing with certain persons, even if we possessed the most accurate scientific knowledge, we should not find it easy to persuade them by the employment of such knowledge. For scientific discourse is concerned with instruction, but in the case of such persons instruction is impossible.
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'm newly widowed, so I've gone from having a life partner, and having another brain to make decisions with, to doing it all on my own and questioning what I'm doing. I have to be a calmer person, because my anger can look pretty terrifying to a young person.
Decide which is the line of conduct that presents the fewest drawbacks and then follow it out as being the best one, because one never finds anything perfectly pure and unmixed, or exempt from danger.