Ben's Mr. Market allegory may seem out-of-date in today's investment world, in which most professionals and academicians talk of efficient markets, dynamic hedging and betas. Their interest in such matters is understandable, since techniques shrouded in mystery clearly have value to the purveyor of investment advice. After all, what witch doctor has ever achieved fame and fortune by simply advising 'Take two aspirins'?
Eagleton has spent his life inside two mental boxes, Catholicism and Marxism, of both of which he is a severe internal critic—that is, he frequently kicks and scratches at the inside of the boxes, but does not leave them. Neither are ideologies that loosen their grip easily, and people who need the security of adherence to a big dominating ideology, however much they kick and scratch but without daring to leave go, hold on to it every bit as tightly as it holds onto them. The result is of course strangulation, but alas not mutual strangulation: the ideology always wins.
I've argued with the senators and congressmen I've talked to. You don't want to be too little too late. If you buy them at the right price, you may be buying two trillion of face value.
Love is born into every human being; it calls back the halves of our original nature together; it tries to make one out of two and heal the wound of human nature.
It is characteristic of fundamental discoveries, of great achievements of the intellect, that they retain an undiminished power upon the imagination of the thinker. The memorable experiment of Faraday with a disc rotating between two poles of a magnet, which has borne such magnificent fruit, has long passed into every-day experience; yet there are certain features about this embryo of the present dynamos and motors which even today appear to us striking, and are worthy of the most careful study.
All appearances have a determinate magnitude (the relation of which to another assignable). The infinite does not appear as such, likewise not the simple. For the appearances are included between two boundaries (points) and are thus themselves determinate magnitudes.