He who has attained intellectual emancipation to any extent cannot, for a long time, regard himself otherwise than as a wanderer on the face of the earth and not even as a traveller towards a final goal, for there is no such thing.
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.
Afoot and light-hearted I take to the open road. Healthy, free, the world before me. The long brown path before me leading me wherever I choose. Henceforth, I ask not good fortune, I myself am good fortune. Henceforth, I whimper no more, postpone no more, need nothing.
There are works which wait, and which one does not understand for a long time; the reason is that they bring answers to questions which have not yet been raised; for the question often arrives a terribly long time after the answer.
The nearer we are to God, the less we will have occasions to cry or weep. The further we are from God, the more will long faces come. The more we know God, the more misery vanishes.
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.
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.
I do not like debt and do not like to invest in companies that have too much debt, particularly long-term debt. With long-term debt, increases in interest rates can drastically affect company profits and make future cash flows less predictable.
So long as you do no harm to another, change your opinion once in a while. Contradict yourself without being embarrassed. This is your right. It doesn't matter what others think -because that's what they will think, in any case.