The following story is one which he related recently regarding the practice of fault - finding among creeds: A frog lived in a well. It had lived there for a long time. . . .
X, n. In our alphabet being a needless letter has an added invincibility to the attacks of the spelling reformers, and like them, will doubtless last as long as the language.
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.
NOT to my contemporaries, not to my compatriots but to mankind I commit my now completed work in the confidence that it will not be without value for them, even if this should be late recognised, as is commonly the lot of what is good. For it cannot have been for the passing generation, engrossed with the delusion of the moment, that my mind, almost against my will, has uninterruptedly stuck to its work through the course of a long life. preface to the second edition of "the world as will and representation
One observer commenting on security analysts over forty stated: "They know too many things that are no longer true." As long as I am "on stage", publishing a regular record and assuming responsibility for management of what amounts to virtually 100% of the net worth of many partners, I will never be able to put sustained effort into any non-BPL activity. If I am going to participate publicly. I can't help being competitive. I know I don't want to be totally occupied with out-pacing an investment rabbit all my life. The only way to slow down is to stop.
Face troubles from their birth, for 'tis too late to cure
When long delay has given the evil strength.
Haste then; postpone not to the coming hour: tomorrow
He'll be less ready who's not ready now.
If a man remembers what is right at the sign of profit, is ready to lay down his life in the face of danger, and does not forget sentiments he has repeated all his life when he has been in straitened circumstances for a long time, he may be said to be a complete man.
I think that we've had an economy that's been out of balance for too long. So the general principle of raising taxes on higher income Americans, like myself, and providing relief to those who haven't benefited as much from this new global economy, I think is a sound one.
Thus, as a result of heightened consciousness, a man feels as if it's all right if he's bad as long as he knows it- as though that were any consolation.
Me this uncharted freedom tires; I feel the weight of chance desires, My hopes no more must change their name, I long for a repose that ever is the same.