Our thoughts and actions must in no way be determined by the approval or disapproval of our time, but by the binding obligation to a truth which we have recognized.
Most investors, both institutional and individual, will find that the best way to own common stocks (shares') is through an index fund that charges minimal fees. Those following this path are sure to beat the net results (after fees and expenses) of the great majority of investment professionals.
As the antagonism between those who possess, and those who do not, is becoming more acute day after day, we can already foresee a moment when it will bring about ("entraînera", Fr.) severe (big, high, intense, - "grands", Fr.) disasters, if we do turn (direct, aim, - "dirige", Fr.) life in time the social life in new directions (or ways, - "dans des voies nouvelles", Fr.)
We become aware, however, that all customs, even the hardest, grow pleasanter and milder with time, and that the severest way of life may become a habit and therefore a pleasure.