Risk comes from not knowing what you are doing so wide diversification is only required when investors are ignorant. You only have to do a very few things in your life so long as you don't do too many things wrong.
A strange thing has happened - while all the other arts were born naked, this, the youngest, has been born fully-clothed. It can say everything before it has anything to say. It is as if the savage tribe, instead of finding two bars of iron to play with, had found scattering the seashore fiddles, flutes, saxophones, trumpets, grand pianos by Erhard and Bechstein, and had begun with incredible energy, but without knowing a note of music, to hammer and thump upon them all at the same time.
Virtue knowing no base repulse, shines with untarnished honour; nor does she assume or resign her emblems of honour by the will of some popular breeze.
[Lat., Virtus repulse nescia sordidae,
Intaminatis fulget honoribus;
Nec sumit aut ponit secures
Arbitrio popularis aurae.]
And they will return one day knowing the miracle of the heavens and of all the world. God knew what he was doing when he drew their attention to the tree of the Knowledge of Good and Evil. If he hadn’t wanted them to eat it, he would never have mentioned it.
I’ve learned that waiting is the most difficult bit, and I want to get used to the feeling, knowing that you’re with me, even when you’re not by my side.
And still I stood looking at the house, thinking how happy I should be if I lived there with her, and knowing that I never was happy with her, but always miserable.
I felt naked. I felt as perhaps a bird may feel in the clear air knowing the hawk wings above and will swoop. I began to feel the need of fellowship. I wanted to question, wanted to speak, wanted to relate my experience. What is this spirit in man that urges him forever to depart from happiness, to toil and to place himself in danger?
The notion that somehow as a consequence of me knowing somebody who engaged in detestable acts 40 years ago, when I was 8 years old, somehow reflects on me and my values doesn't make much sense.
And isn't it a bad thing to be deceived about the truth, and a good thing to know what the truth is? For I assume that by knowing the truth you mean knowing things as they really are.