How on earth can otherwise sensible people get so involved in a football game? You could measure the lasting impact on the lives of the people who played it at just about zero.
If you do smart things and use leverage and do one wrong thing along the way, it could wipe you out, because anything times zero is zero. But it's reinforcing when the people around you are doing it successfully, you're doing it successfully, and it's a lot like Cinderella at the ball.
It is always for greater joy that you give up the lesser. This is practical religion-the attainment of freedom, renunciation. Renounce the lower so that you may get the higher. Renounce! Renounce! Sacrifice! Give up! Not for zero. Not for nothing. But to get the higher.
No rocket will reach the moon save by a miraculous discovery of an explosive far more energetic than any known. And even if the requisite fuel were produced, it would still have to be shown that the rocket machine would operate at 459 degrees below zero-the temperature of interplanetary space.
All roads are blocked to a philosophy which reduces everything to the word "no." To "no" there is only one answer and that is "yes." Nihilism has no substance. There is no such thing as nothingness, and zero does not exist. Everything is something. Nothing is nothing. Man lives more by affirmation than by bread.
If I were to write anything at all, it would turn out to be nothing but talk about movies. In other words, take 'myself,' subtract 'movies,' and the result is 'zero.'
The sex illusion is not a fixed quantity: not what mathematicians call a constant. It varies from zero in my wife's case to madness in that of our stepsister.
How on earth can otherwise sensible people get so involved in a football game? You could measure the lasting impact on the lives of the people who played it at just about zero.
I bought a company in the mid-90s called Dexter Shoe and paid $400 million for it. And it went to zero. And I gave about $400 million worth of Berkshire stock, which is probably now worth $400 billion. But I've made lots of dumb decisions. That's part of the game.
I believe the chance of any event causing Berkshire to experience financial problems is essentially zero. We will always be prepared for the thousand-year flood; in fact, if it occurswe will be selling life jackets to the unprepared.
It makes no difference to a widow with her savings in a 5 percent passbook account whether she pays 100 percent income tax on her interest income during a period of zero inflation or pays no income tax during years of 5 percent inflation. Either way, she is 'taxed' in a manner that leaves her no real income whatsoever. Any money she spends comes right out of capital. She would find outrageous a 100 percent income tax but doesn't seem to notice that 5 percent inflation is the economic equivalent.