Investors... can't pick stocks that are better than average. Stocks are a good thing to own over time. There's only two things you can do wrong: You can buy the wrong ones, and you can buy or sell them at the wrong time. And the truth is you never need to sell them.
Be hated. One does not have to be evil to be hated. In fact, it’s often the case that one is hated precisely because one is trying to do right by one’s own convictions. It is far too easy to be liked, one merely has to be accommodating and hold no strong convictions. Then one will gravitate towards the centre and settle into the average. That cannot be your role. There are a great many bad people in the world, and if you are not offending them, you must be bad yourself.
Few scientists now dispute that today's soaring levels of carbon dioxide and other gases in the atmosphere will cause global temperature averages to rise by as much as nine degrees Fahrenheit sometime after the year 2000.
The optimum portfolio depends on the various expectations of choices available and the degree of variance in performance which is tolerable. The greater the number of selections, the less will be the average year-to-year variation in actual versus expected results. Also, the lower will be the expected results, assuming different choices have different expectations of performance.
It's sometimes quite astonishing that a single, average life is enough to encompass so much that it's at all possible ever to have any success in one's work here.
If you invested in a very low cost index fund - where you don't put the money in at one time, but average in over 10 years -you'll do better than 90% of people who start investing at the same time.
If we teach only the findings and products of science - no matter how useful and even inspiring they may be - without communicating its critical method, how can the average person possibly distinguish science from pseudoscience?
Government is merely an attempt to express the conscience of everybody, the average conscience of the nation, in the rules that everybody is commanded to obey. That is all it is.
The average businessman began to be agnostic, not so much because he did not know where he was, as because he wanted to forget. Many of the rich took to scepticism exactly as the poor took to drink; because it was a way out.
Perhaps the efforts of the true poets, founders, religions, literatures, all ages, have been, and ever will be, our time and times to come, essentially the same - to bring people back from their present strayings and sickly abstractions, to the costless, average, divine, original concrete.
All large political doctrines are rich in difficult problems - problems that are quite above the average citizen's reach. And that is not strange, since they are also above the reach of the ablest minds in the country; after all the fuss and all the talk, not one of those doctrines has been conclusively proven to be the right one and the best.
Laws, religions, creeds, and systems of ethics, instead of making society better than its best unit, make it worse than its average unit, because they are never up to date.