Bearing ourselves humbly before God... we await undismayed the impending assault.... be the ordeal sharp or long, or both, we shall seek no terms, we shall tolerate no parlay; we may show mercy - we shall ask for none.
Investors, of course, can, by their own behavior make stock ownership highly risky. And many do. Active trading, attempts to "time" market movements, inadequate diversification, the payment of high and unnecessary fees to managers and advisors, and the use of borrowed money can destroy the decent returns that a life-long owner of equities would otherwise enjoy. Indeed, borrowed money has no place in the investor's tool kit.
You should be unconcerned about short-term price action when you own the securities directly, just as you were unconcerned when you owned them indirectly through BPL. I think about them as businesses, not "stocks", and if the business does all right over the long term, so will the stock.
It is within this fathoms-long carcass, with its mind and its notions, that I declare there is the world, the origin of the world, the cessation of the world and the path leading to the cessation of the world.
Egyptians are like camels: they can put up with beatings, humiliation and starvation for a long time but when they rebel they do so suddenly and with a force that is impossible to control.
A wrong attitude towards nature implies, somewhere, a wrong attitude towards God, and that the consequence is an inevitable doom. For a long enough time we have believed in nothing but the values arising in a mechanized, commercialized, urbanized way of life: it would be as well for us to face the permanent conditions upon which God allows us to live upon this planet.
"My comfort is," said Susan, looking back at Mr. Dombey, "that I have told a piece of truth this day which ought to have been told long before and can't be told too often or too plain..."
History has taught us that freedom cannot long survive unless it is based on moral foundations. You can get the economics right, but in addition liberty must be cultivated as a moral quality.
We cannot know what faith is if we have never had it, and we cannot obtain it as long as we deny it. Faith and doubt cannot exist in the same mind at the same time, for one will dispel the other.
NOT to my contemporaries, not to my compatriots but to mankind I commit my now completed work in the confidence that it will not be without value for them, even if this should be late recognised, as is commonly the lot of what is good. For it cannot have been for the passing generation, engrossed with the delusion of the moment, that my mind, almost against my will, has uninterruptedly stuck to its work through the course of a long life. preface to the second edition of "the world as will and representation