Every individual is continually exerting himself to find out the most advantageous employment for whatever capital he can command. It is his own advantage, indeed, and not that of the society which he has in view. But the study of his own advantage naturally, or rather necessarily, leads him to prefer that employment which is most advantageous to society... He intends only his own gain, and he is in this, as in many other cases, led by an invisible hand to promote an end which was not part of his intention
Marriage...is the union of two people of different sexes with a view to the mutual possession of each other's sexual attributes for the duration of their lives.
From a purely external point of view there is no will; and to find will in any phenomenon requires a certain empathy; we observe aman's actions and place ourselves partly but not wholly in his position; or we act, and place ourselves partly in the position of an outsider.
The best way in my view is to just buy a low-cost index fund and keep buying it regularly over time, because you'll be buying into a wonderful industry, which in effect is all of American industry... People ought to sit back and relax and keep accumulating over time.
There are branches of learning and education which we must study merely with a view to leisure spent in intellectual activity, and these are to be valued for their own sake; whereas those kinds of knowledge which are useful in business are to be deemed necessary, and exist for the sake of other things.
My belief in free competitive economic enterprise does not rest solely or even mainly on arguments of economic efficiency, though, heaven knows, these are cogent enough. It rests essentially on the view that the free market is the only safe way of ensuring that productive effort is directed towards supplying what individuals actually want, and in a way which secures the dignity and independence of the worker.
What I know for sure is that pleasure is energy reciprocated. What you put out comes back. Your base level of pleasure is determined by how you view your whole life.
We do not know whether it is good to live or to die. Therefore, we should not take delight in living, nor should we tremble at the thought of death. We should be equiminded towards death. This is the ideal. It may be long before we reach it, and only a few of us can attain it. Even then, we must keep it constantly in view, and the more difficult it seems of attainment, the greater should be the effort we put forth.
I think the most important thing is to take the long view on things. We live in such a 24/7, Twitter-fed, constant news cycle, and everything's a crisis, everything is terrible, everything is doomsday, everything is - if it doesn't get solved tomorrow, your presidency is going off the rails.
It is unquestionably true that the investment companies have their money more conventionally invested than we do. To many people conventionality is indistinguishable from conservatism. In my view, this represents erroneous thinking. Neither a conventional nor an unconventional approach, per se, is conservative.
But hail thou Goddess sage and holy, Hail, divinest Melancholy, Whose saintly visage is too bright To hit the sense of human sight, And therefore to our weaker view O'erlaid with black, staid Wisdom's hue.