$$, Fear and Politics
The trick is to stop thinking of it as your money. - An IRS Auditor
The less prudence with which others conduct their affairs, the greater prudence with which we should conduct our own affairs. - Warren Buffett
The Old One had taught him that. One need not be afraid. Fear was a thing of the mind, and if one did not offer it a place, it had none. - Louis L'Amour, The Californios
The true rule, in determining to embrace or reject anything, is not whether it has any evil in it; but whether it has more evil than good. There are few things whilly evil or wholly good. Almost everything...is an inseperable compound of the two; so that our best judgment of the preponderance between them is continually demanded. - Abraham Lincoln
It doesn't matter how the people vote; what matters is who counts the votes and how they do it. - Stalin
An ounce of prevention is worth a pound of cure. - Benjamin Franklin
It doesn't matter where you are coming from...it matters where you're going to. - Arnold Schwarzenegger
I have fewer misgivings concerning our excellence in the natural, i.e. exact sciences [mathematics, atomic physics, electronics, etc.] than the field of political and social "sciences", which are by no means exact and where superficiality, lack of knowledge, even fakery cannot so easily be found out and shown up. A political columnist, a political candidate or office-holder, a professor of political science may have a long record of wrong predictions and of faulty analyses and of eloquent but ill-informed views, especially on foreign affairs; and he may very well survive as a respected oracle. An engineer on the other hand, whose design for a bridge is faulty, a mathematician or physicist whose equations do not equate will soon lose prestige and professional standing. -- Fritz Kraemer, strategic advisor to the Chief of Staff of the US Army for over 30 years
Skepticism and pessimism aren't synonymous. Skeptism calls for pessimism when optimism is excessive. But it also calls for optimism when pssimism is excessive. -- Howard Marks, Oaktree Capital Management
The trick is to stop thinking of it as your money. - An IRS Auditor
The less prudence with which others conduct their affairs, the greater prudence with which we should conduct our own affairs. - Warren Buffett
The Old One had taught him that. One need not be afraid. Fear was a thing of the mind, and if one did not offer it a place, it had none. - Louis L'Amour, The Californios
The true rule, in determining to embrace or reject anything, is not whether it has any evil in it; but whether it has more evil than good. There are few things whilly evil or wholly good. Almost everything...is an inseperable compound of the two; so that our best judgment of the preponderance between them is continually demanded. - Abraham Lincoln
It doesn't matter how the people vote; what matters is who counts the votes and how they do it. - Stalin
An ounce of prevention is worth a pound of cure. - Benjamin Franklin
It doesn't matter where you are coming from...it matters where you're going to. - Arnold Schwarzenegger
I have fewer misgivings concerning our excellence in the natural, i.e. exact sciences [mathematics, atomic physics, electronics, etc.] than the field of political and social "sciences", which are by no means exact and where superficiality, lack of knowledge, even fakery cannot so easily be found out and shown up. A political columnist, a political candidate or office-holder, a professor of political science may have a long record of wrong predictions and of faulty analyses and of eloquent but ill-informed views, especially on foreign affairs; and he may very well survive as a respected oracle. An engineer on the other hand, whose design for a bridge is faulty, a mathematician or physicist whose equations do not equate will soon lose prestige and professional standing. -- Fritz Kraemer, strategic advisor to the Chief of Staff of the US Army for over 30 years
Skepticism and pessimism aren't synonymous. Skeptism calls for pessimism when optimism is excessive. But it also calls for optimism when pssimism is excessive. -- Howard Marks, Oaktree Capital Management
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