FDR, JFK, LBJ [all Democratic presidents ] we have a pretty long list of presidents who maybe were not entirely forthcoming with intelligence information before they went to war, so I'd be cautious against making legal cases against the administration.
There's nothing wrong with sexual feelings in themselves, so long as they are straightforward and not sneaking or sly. The right sort of sex stimulus is invaluable to human daily life. Without it the world grows grey.
As I have mentioned before, we cannot make the same sort of money out of permanent ownership of controlled businesses that can be made from buying and reselling such businesses, or from skilled investment in marketable securities. Nevertheless, they offer a pleasant long term form of activity (when conducted in conjunction with high grade, able people) at satisfactory rates of return.
As long as you are lucky, you will have many friends; if cloudy times appear, you will be alone. -Donec eris felix, multos numerabis amicos; tempora si fuerint nubila, solus eris
There's racism and sexism and ageism and all sorts of idiocies. But bad news is not news. We've had bad news as a species for a long time. We've had slavery and human sacrifice and the holocaust and brutalities of such measure.
A market downturn, doesn't bother us. For us and our long term investors, it is an opportunity to increase our ownership of great companies with great management at good prices. Only for short term investors and market timers is a correction not an opportunity.
Man cannot possess anything as long as he fears death. But to him who does not fear it, everything belongs. If there was no suffering, man would not know his limits, would not know himself.
I have never united myself to any church because I found difficulty in giving my assent without mental reservation to the long, complicated statements of Christian doctrine which characterize the articles of belief and the usual confession of faith.
There is no question that an important service is provided to investors by investment companies, investment advisors, trust departments, etc. This service revolves around the attainment of adequate diversification, the preservation of a long-term outlook, the ease of handling investment decisions and mechanics, and most importantly, the avoidance of the patently inferior investment techniques which seem to entice some individuals.