One trend that bothers me is the glorification of stupidity, that the media is reassuring people it's alright not to know anything. That to me is far more dangerous than a little pornography on the Internet.
I pray for humility because that comes from inside out. And what humility does for one, is it reminds us that there are people before me. I have already been paid for. And what I need to do is prepare myself so that I can pay for someone else who has yet to come, but who may be here and needs me.
The wage of a people has meaning only when it arises from production. Every increase in production should benefit the whole people and raise the people's standards of living.
I certainly have no desire to sell a good controlled business run by people I like and admire, merely to obtain a fancy price. However, specific conditions may cause the sale of one operating unit at some point.
The refinement of morality increases together with the refinement of fear. Today the fear of disagreeable feelings in other people is almost the strongest of our own disagreeable feelings.
We have to adopt a wider perspective, and always find common things between the people of north, east, south, and west. Conflict comes from the basis of differencs.
It was as if for the remainder of his life he was condemned to carry with him the egos of certain people, early met and early loved, and to be only as complete as they were complete themselves. There was some element of loneliness involved--so easy to be loved--so hard to love.
For some reason, people take their cues from price action rather than from values. What doesn't work is when you start doing things that you don't understand or because they worked last week for somebody else. The dumbest reason in the world to buy a stock is because it's going up.
Just as it would be madness to settle on medical treatment for the body of a person by taking an opinion poll of the neighbors, so it is irrational to prescribe for the body politic by polling the opinions of the people at large.