Gold is a way of going long on fear, and it has been a pretty good way of going long on fear from time to time. But you really have to hope people become more afraid in a year or two years than they are now. And if they become more afraid you make money, if they become less afraid you lose money, but the gold itself doesn’t produce anything.
Investors... can't pick stocks that are better than average. Stocks are a good thing to own over time. There's only two things you can do wrong: You can buy the wrong ones, and you can buy or sell them at the wrong time. And the truth is you never need to sell them.
Two tasks at the beginning of your life: to narrow your orbit more and more, and ever and again to check whether you are not in hiding somewhere outside your orbit.
If a man will stand up and assert, and repeat and re-assert, that two and two do not make four, I know nothing in the power of argument that can stop him.
I have been repeating over and over again that he who cannot protect himself or his nearest and dearest or their honour by non-violently facing death may and ought to do so by violently dealing with the oppressor. He who can do neither of the two is a burden. He has no business to be the head of a family. He must either hide himself, or must rest content to live for ever in helplessness and be prepared to crawl like a worm at the bidding of a bully.
The president [Barack Obama] laid out his vision for foreign policy in a way that we hadn't heard before. And it could be summed up, I think, in two words - realistic idealism.
It's a great historical joke that when the Spanish met the Aztecs, it was a blind date made in serve-you-right heaven. At the time, they were the two most unpleasant cultures in the entire world, and richly deserved each other. Still, the story of how stout Cortes blustered, bullied and bludgeoned his way to collapsing an entire empire with a handful of contagious hoodlums is astonishing.
Differentiation of treatment is not motivated by the difference of value of the two races, but of the fundamental difference of their respective natures.
Moral virtue is a mean . . . between two vices, one of excess and the other of defect; . . . it is such a mean because it aims at hitting the middle point in feelings and in actions. This is why it is a hard task to be good, for it is hard to find the middle point in anything.