Investors, of course, can, by their own behavior make stock ownership highly risky. And many do. Active trading, attempts to "time" market movements, inadequate diversification, the payment of high and unnecessary fees to managers and advisors, and the use of borrowed money can destroy the decent returns that a life-long owner of equities would otherwise enjoy. Indeed, borrowed money has no place in the investor's tool kit.
Life is one long training session in preparation for what will come. Life and death lose their meaning; there are only challenges to be met with joy and overcome with tranquility.
What then is truth? A movable host of metaphors, metonymies, and anthropomorphisms: in short, a sum of human relations which have been poetically and rhetorically intensified, transferred, and embellished, and which, after long usage, seem to a people to be fixed, canonical, and binding. Truths are illusions which we have forgotten are illusions — they are metaphors that have become worn out and have been drained of sensuous force.
Really living without clutter takes an iron will ... This involves eternal watchfulness and that oldest and most relentless of the housewife's occupations, picking up. I have a feeling that picking up will go on long after ways have been found to circumvent death and taxes.
So long as I'm the president, we will. I clearly see the challenge. I see the challenge of what these threats pose to our homeland, and I see the challenge of what these threats pose to the world.
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.