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.
Composing on the typewriter, I find that I am sloughing off all my long sentences which I used to dote upon. Short, staccato, like modern French prose. The typewriter makes for lucidity, but I am not sure that it encourages subtlety.
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.
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.
It must be all the same to the citizens ("ressortissants", Fr.) of a country that their governing (those in power) speak such language or such other ("telle langue ou telle autre", Fr.); likewise that it must be all the same to them that these adhere to such or such religion, so long as a full (or complete) liberty is equally garantee for everyone.
I like hearing myself talk. It is one of my greatest pleasures. I often have long conversations all by myself. Sometimes I am so clever I don't understand a single word of what I am saying.
I see is that there are many people who destroy their marriages because of one-night stands with someone else. And as the French say, "C'est ne pas grave." It's not something easy to swallow, but at the same time, it does not justify you to end a long-lasting relationship because something happened.
People suffer all their life long, under the foolish superstition that they can be cheated. But it is impossible for a person to be cheated by anyone but himself.
The strongest and most effective force in guaranteeing the long-term maintenance of power is not violence in all the forms deployed by the dominant to control the dominated, but consent in all the forms in which the dominated acquiesce in their own domination.
Some periods of our growth are so confusing that we don't even recognize that growth is happening...Those long periods when something inside ourselves seems to be waiting, holding its breath, unsure about what the next step should be, eventually become the periods we wait for, for it is in those periods that we realize that we are being prepared for the next phase of our life and that, in all probability, a new level of the personality is about to be revealed.
Market prices for stocks fluctuate at great amplitudes around intrinsic value but, over the long term, intrinsic value is virtually always reflected at some point in market price.
Composing on the typewriter, I find that I am sloughing off all my long sentences which I used to dote upon. Short, staccato, like modern French prose. The typewriter makes for lucidity, but I am not sure that it encourages subtlety.