I look at the newspapers, and I cannot believe most of the stories I read. Bernie Madoff, who actually screwed millions of people for billions of dollars, it's just unbelievable what he got away with and how long it took for him to be exposed. A guy like that should be hanged.
He had not yet lived long enough to have discovered that nothing is more close at hand then the impossible, and that what must be looked for is always the unforeseen.
There are now that 20 consent decrees in place like the one in Baltimore that are helping put broken police departments on a path to reform. And this is long work. Baltimore is just embarking down this road.
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.
We think about the enormous costs of homelessness, or the enormous cost of HIV/AIDS, over the long term, as people visit emergency rooms, etc. The more we are investing in that ounce of prevention the better off we're going to be.
No form of love is wrong, so long as it is love, and you yourself honour what you are doing. Love has an extraordinary variety of forms! And that is all that there is in life, it seems to me.