The very nature of finance is that it cannot be profitable unless it is significantly leveraged... and as long as there is debt, there can be failure and contagion.
So long as the spectator has to figure out the meaning of this or that person, or the presuppositions of this or that conflict of inclinations and purposes, he cannot become completely absorbed in the activities and sufferings of the chief characters or feel breathless pity and fear.
So long as I'm the president, we will. I clearly see the challenge. I see the challenge of what these threats pose to our homeland, and I see the challenge of what these threats pose to the world.
Fidel Castro just talked a long time, and he talked and he talked and he talked and he talked... and he talked during the meeting. I think it was about four hours. But I guess that's part of the Castro spirit.
When he whom I love travels with me or sits a long while holding me by the hand, … Then I am charged with untold and untellable wisdom, I am silent, I require nothing further, I cannot answer the question of appearances or that of identity beyond the grave, But I walk or sit indifferent, I am satisfied, He ahold of my hand has completely satisfied me.
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.
You could cry, get worried or angry like any other normal human being, as long as you remembered that, up above, your spirit was laughing out loud at all those thorny situations.