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.
There are a lot of ways to become a failure, but never taking a chance is the most successful. As long as you derive inner help and comfort from anything, keep it.
So long as I'm the president, we will. I clearly see the challenge. I see the challenge of what these threats pose to our homeland, and I see the challenge of what these threats pose to the world.
Any individual can contribute its own belief. And our society or even our government are made by the people. The people would have the final voice, but it requires each individual to act. If we don't act, then the result is very clear. So for too long Americans take liberty as granted. We think we are in the safe hand, the democracy and the liberty, which is not true. And it can be even getting much worse than today.
The very nature of finance is that it cannot be profitable unless it is significantly leveraged... and as long as there is debt, there can be failure and contagion.
Have you reckon’d a thousand acres much? have you reckon’d the earth much? Have you practis’d so long to learn to read? Have you felt so proud to get at the meaning of poems?
Some critics are like chimney-sweepers; they put out the fire below, and frighten the swallows from their nests above; they scrape a long time in the chimney, cover themselves with soot, and bring nothing away but a bag of cinders, and then sing from the top of the house as if they had built it.
The awareness of mortals falls short. As long as they're attached to appearances, they're unaware that their minds are empty. And by mistakenly clinging to the appearance of things they lose the Way.
Composing on the typewriter, I find that I am sloughing off all my long sentences which I used to dote upon. Short, staccato, like modern French prose. The typewriter makes for lucidity, but I am not sure that it encourages subtlety.