No-one can compel me to be happy in accordance with his conception of the welfare of others, for each may seek his happiness in whatever way he sees fit, so long as he does not infringe upon the freedom of others to pursue a similar end which can be reconciled with the freedom of everyone else within a workable general law ? i.e. he must accord to others the same right as he enjoys himself.
The commission of the investment sins listed above is not limited to 'the little guy.' Huge institutional investors, viewed as a group, have long underperformed the unsophisticated index-fund investor who simply sits tight for decades. A major reason has been fees: Many institutions pay substantial sums to consultants who, in turn, recommend high-fee managers. And that is a fool's game.
I make no effort to predict the course of general business or the stock market. Period. However, currently there are practices snowballing in the security markets and business world which, while devoid of short term predictive value, bother me as to possible long term consequences.
I, too, am indignant when the worthy Homer nods; yet in a long work it is allowable for sleep to creep over the writer.
[Lat., Et idem
Indignor quandoque bonus dormitat Homerus;
Verum opere longo fas est obrepere somnum.]
I've had very deep relationships that lasted for long periods of time with people - you could almost call them marriages, even though I didn't marry. But it was costly.
I like hearing myself talk. It is one of my greatest pleasures. I often have long conversations all by myself. Sometimes I am so clever I don't understand a single word of what I am saying.
I have long held the opinion that the amount of noise that anyone can bear undisturbed stands in inverse proportion to his mental capacity and therefore be regarded as a pretty fair measure of it.