We do not view the company itself as the ultimate owner of our business assets but instead view the company as a conduit through which our shareholders own assets.
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.
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.
My religion teaches me that I should, by my personal conduct, instill into the minds of those who might hold different views the conviction that cow killing is a sin.
They (i. e., the Pythagoreans) did not advocate the free confrontation of conflicting points of view. Instead, like all orthodox religions, they practised a rigidity that prevented them from correcting their errors.
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
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
As far as I know, only a small minority of mathematicians, even of those with Platonist views, accept the idea that there may be mathematical facts which are true but unknowable.
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.
Circumstantial evidence is a very tricky thing. It may seem to point very straight to one thing, but if you shift your own point of view a little, you may find it pointing in an equally uncompromising manner to something entirely different
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
What we've seen at least since 1979 is Iran making constant, calculated decisions that allow it to preserve the regime, to expand their influence where they can, to be opportunistic, to create what they view as hedges against potential Israeli attack in the form of Hezbollah and other proxies in the region.
If we get to a point where people in this country feel more affinity with a leader who is an adversary and view the United States and our way of life as a threat to him, then we're gonna have bigger problems than just cyber hacking.
If people, whether they are conservative or liberal, left or right, are unwilling to compromise and engage in the democratic process, and are taking absolutist views, and demonizing opponents, then democracy will break down.