We still find very few [stocks] that even mildly interest us. That dismal fact is testimony to the insanity of valuations reached during The Great Bubble. Unfortunately, the hangover may prove to be proportional to the binge.
The process of finding the truth may not be a process by which we feel increasingly better and better. It may be a process by which we look at things honestly, sincerely, truthfully, and that may or may not be an easy thing to do.
If I refuse to allow my leg to be amputated, its mortification and my death may prove that I was wrong; but if I let the leg go, nobody can ever prove that it would not have mortified had I been obstinate. Operation is therefore the safe side for the surgeon as well as the lucrative side.
Thought cannot conceive of anything that may not be brought to expression. He who first uttered it may be only the suggester, but the doer will appear.
An pretend and evil friend is haughty to be feared than a unmanageable beast; a unmanageable beast may mouthful your build up, but an evil friend fortitude mouthful your intellect.
Truly speaking, it is not instruction, but provocation, that I can receive from another soul. What he announces, I must find true in me, or reject; and on his word, or as his second, be he who he may, I can accept nothing.