You may have enemies whom you hate, but not enemies whom you despise. You must be proud of your enemy: then the success of your enemy shall be your success too.
Now we will no longer concede so easily that anyone has the truth; the rigorous methods of inquiry have spread sufficient distrust and caution, so that we experience every man who represents opinions violently in word and deed as any enemy of our present culture, or at least as a backward person. And in fact, the fervor about having the truth counts very little today in relation to that other fervor, more gentle and silent, to be sure, for seeking the truth, a search that does not tire of learning afresh and testing anew.
When someone asked Abraham Lincoln, after he was elected president, what he was going to do about his enemies, he replied, "I am going to destroy them. I am going to make them my friends."
Torture is how you create enemies, not how you defeat them... Torture is how you get bad information, not good intelligence. Torture is how you set back America's standing in the world, not how you strengthen it.
The most common cause of low prices is pessimism - some times pervasive, some times specific to a company or industry. We want to do business in such an environment, not because we like pessimism but because we like the prices it produces. It's optimism that is the enemy of the rational buyer.