I always feel like 'as long as I'm doin' what I love to do, the money's naturally gonna come.' When you start thinkin' business and you start thinkin' 'What's hot? What's the wave? Who is hot? Let's get at that person,' it becomes a point where you're tryin' to strategize to make money. And that's always a gamble.
The commission of the investment sins listed above is not limited to 'the little guy.' Huge institutional investors, viewed as a group, have long underperformed the unsophisticated index-fund investor who simply sits tight for decades. A major reason has been fees: Many institutions pay substantial sums to consultants who, in turn, recommend high-fee managers. And that is a fool's game.
When over long periods of human history I scrutinized the activity of the Jewish people, suddenly there arose up in me the fearful question whether inscrutable Destiny, perhaps for reasons unknown to us poor mortals, did not, with eternal and immutable resolve, desire the final victory of this little nation.
As I have mentioned before, we cannot make the same sort of money out of permanent ownership of controlled businesses that can be made from buying and reselling such businesses, or from skilled investment in marketable securities. Nevertheless, they offer a pleasant long term form of activity (when conducted in conjunction with high grade, able people) at satisfactory rates of return.
The meditative state is the highest state of existence. So long as there is desire, no real happiness can come. It is only the contemplative, witness-like study of objects that brings to us real enjoyment and happiness.
Learn from the mistakes of others - you won't live long enough to make them all yourself. He's opposed to millionaires, but it would be dangerous to offer him the position.
The Planned Parenthood 7" project is an example of us putting our noses to the grindstone on and trying to make a little difference. Working on that was my way of handling my own emotions about Donald Trump. I was talking about politics for so long, I just kind of ran out of juice on that.