There are three important principles to Graham's approach. [The first is to look at stocks as fractional shares of a business, which] gives you an entirely different view than most people who are in the market. [The second principle is the margin-of-safety concept, which] gives you the competitive advantage. [The third is having a true investor's attitude toward the stock market, which] if you have that attitude, you start out ahead of 99 percent of all the people who are operating in the stock market - it's an enormous advantage.
There is, then, no danger in the circumstances that anti-semitism will disappear, for it is the Jews themselves who add fuel to its flames and see that it is kept well stoked. Before the opposition to it can disappear, the malady itself must disappear. And from that point of view, you can rely on the Jews: as long as they survive, anti-semitism will never fade. (13th February 1945)
And for him, who lived in a certain circle, and who required some mental activity such as usually develops with maturity, having views was as necessary as having a hat.
When we look at the matter from another point of view, great caution would seem to be required. For the habit of lightly changing the laws is an evil, and, when the advantage is small, some errors both of lawgivers and rulers had better be left; the citizen will not gain so much by making the change as he will lose by the habit of disobedience.
I do not approve the extermination of the enemy; the policy of exterminating or, as it is barbarously said, liquidating enemies, is one of the most alarming developments of modern war and peace, from the point of view of those who desire the survival
Unless all the discoveries that you make have the welfare of the poor as the end in view, all your workshops will be really no better than Satan's workshops.
I do not approve the extermination of the enemy; the policy of exterminating or, as it is barbarously said, liquidating enemies, is one of the most alarming developments of modern war and peace, from the point of view of those who desire the survival
This kind of game in which anybody who I know, regardless of how flimsy the relationship is, that somehow their ideas could be attributed to me, I think the American people are smarter than that. They're not going to suggest somehow that that is reflective of my views, because it obviously isn't.
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.
This Ariyan Eightfold Path, that is to say: Right view, right aim, right speech, right action, right living, right effort, right mindfulness, right contemplation.
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.
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.