I said, going into Iraq, "We've got to take threats seriously before they full materialize." I saw a threat. I fully believe it was the right decision to remove Saddam Hussein, and I fully believe the world is better off without him.
You know, one day you're being briefed on world affairs and asked to make decisions, and the next, you're in Crawford, Texas ... and the biggest decision is when do you go mountain bike riding.
Usually, I'm pretty good about sorting through the options and then making decisions that I'm confident are the best decisions in that moment, given the information we have. But there are times where I think I wish I could have imagined a different level of insight.
There is, therefore, wisdom in reserving one's decisions as long as possible and until all the facts and forces that will be potent at the moment are revealed.
Decide not rashly. The decision made
Can never be recalled. The gods implore not,
Plead not, solicit not; they only offer
Choice and occasion, which once being passed
Return no more. Dost thou accept the gift?
It is obvious that the performance of a stock last year or last month is no reason, per se, to either own it or to not own it now. It is obvious that an inability to "get even" in a security that has declined is of no importance. It is obvious that the inner warm glow that results from having held a winner last year is of no importance in making a decision as to whether it belongs in an optimum portfolio this year.
In a time of war, the president must have the power he needs to make the tough decisions, including, if need be, the decision to grant himself even more power.
In this age, in this country, public sentiment is everything. With it, nothing can fail; against it, nothing can succeed. Whoever molds public sentiment goes deeper than he who enacts statutes, or pronounces judicial decisions.
I will not propose to you that my way is best. The decision is up to you. If you find some point which may be suitable to you, then you can carry out experiments for yourself. If you find that it is of no use, then you can discard it.