Perhaps the efforts of the true poets, founders, religions, literatures, all ages, have been, and ever will be, our time and times to come, essentially the same - to bring people back from their present strayings and sickly abstractions, to the costless, average, divine, original concrete.
The optimum portfolio depends on the various expectations of choices available and the degree of variance in performance which is tolerable. The greater the number of selections, the less will be the average year-to-year variation in actual versus expected results. Also, the lower will be the expected results, assuming different choices have different expectations of performance.
The average businessman began to be agnostic, not so much because he did not know where he was, as because he wanted to forget. Many of the rich took to scepticism exactly as the poor took to drink; because it was a way out.
Government is merely an attempt to express the conscience of everybody, the average conscience of the nation, in the rules that everybody is commanded to obey. That is all it is.
If you invested in a very low cost index fund - where you don't put the money in at one time, but average in over 10 years -you'll do better than 90% of people who start investing at the same time.
Just look at that Forbes 400. Takes a billion three to get on the Forbes 400 this year. And the aggregate wealth is just staggering. And those people are paying less percentage of their total income to the federal government than their receptionists are. [...] I'll bet a million dollars against any member of the Forbes 400 who challenges - me that the average for the Forbes 400 will be less than the average of their receptionists.
I am not more gifted than anybody else. I am just more curious than the average person and I will not give up a problem until I have found the proper solution.
If Shakespeare had never existed, he asked, would the world have differed much from what it is today? Does the progress of civilization depend upon great men? Is the lot of the average human being better now that in the time of the Pharaohs?
All large political doctrines are rich in difficult problems - problems that are quite above the average citizen's reach. And that is not strange, since they are also above the reach of the ablest minds in the country; after all the fuss and all the talk, not one of those doctrines has been conclusively proven to be the right one and the best.
It's sometimes quite astonishing that a single, average life is enough to encompass so much that it's at all possible ever to have any success in one's work here.