I'm always interested in understanding the math of things and understanding as much as I can about all aspects of business. And what I learn today may be useful to me two years from now. That's really the wonderful thing about investments is your knowledge is cumulative.
We may discover resources on the moon or Mars that will boggle the imagination, that will test our limits to dream. And the fascination generated by further exploration will inspire our young people to study math, and science, and engineering and create a new generation of innovators and pioneers.
I know too well that these arguments from probabilities are imposters, and unless great caution is observed in the use of them, they are apt to be deceptive.
Consider the concepts referred to in the words 'where', 'when', 'why', 'being', to the elucidation of which innumerable volumes of philosophy have been devoted. We fare no better in our speculations than a fish which should strive to become clear as to what is water.
We could use up two Eternities in learning all that is to be learned about our own world and the thousands of nations that have arisen and flourished and vanished from it. Mathematics alone would occupy me eight million years.
What's all this whining about the environment? They're always talking about 'stop the clearcuts.' I mean do the math people. If we were out of trees then we wouldn't have any clearcuts to be complaining about now would we?
"I think you're begging the question," said Haydock, "and I can see looming ahead one of those terrible exercises in probability where six men have white hats and six men have black hats and you have to work it out by mathematics how likely it is that the hats will get mixed up and in what proportion. If you start thinking about things like that, you would go round the bend. Let me assure you of that!"