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  • An argument is made that there are just too many question marks about the near future; wouldn't it be better to wait until things clear up a bit? You know the prose: "Maintain buying reserves until current uncertainties are resolved," etc. Before reaching for that crutch, face up to two unpleasant facts: The future is never clear and you pay a very high price for a cheery consensus. Uncertainty actually is the friend of the buyer of long-term values.
  • 4 years ago



    Tags : Warren Buffett Quotes , Two Quotes , Long Quotes
  • I have long argued that paying down the national debt is beneficial for the economy: it keeps interest rates lower than they otherwise would be and frees savings to finance increases in the capital stock, thereby boosting productivity and real incomes.
  • 5 years ago



    Tags : Alan Greenspan Quotes , Real Quotes , Long Quotes
  • So you see how endlessly futile and fruitless it would be if we wanted to refute their objections every time they obstinately resolved not to think through what they say but merely to speak, just so long as they contradict our arguments in any way they can.
  • 4 years ago



    Tags : Saint Augustine Quotes , Thinking Quotes , Long Quotes