It is a mistake to think one limits one’s risks by spreading too much between enterprises about which one knows little and has no reason for special confidence. … One’s knowledge and experience are definitely limited and there are seldom more than two or three enterprises at any given time in which I personally feel myself entitled to put full confidence. John Maynard Keynes
British economist, often wrong, but not always. 1934 letter
Monthly Archives: November 2024
Yield to temptation. It may not pass your way again. Robert Heinlein …
Yield to temptation. It may not pass your way again.
Robert Heinlein
Time Enough for Love
The jury has a right to judge both the law as well …
The jury has a right to judge both the law as well as the fact in controversy. John Jay
1794, First Chief Justice U.S. Supreme Court
About 50 years ago [the 1940s
About 50 years ago [the 1940s], Tax Freedom day [the day all your federal and state taxes were paid] was April 3. Thirty years ago the date was April 16th. Twenty years ago the date was April 26th.Tax Freedom day was May 5th in 1994, gobbling up more than 34% of your annual income.(Regulation freedom day was sometime in August)
1994
, Tax Freedom day [the day all … ]
Having sex is like playing bridge. If you don’t have good …
Having sex is like playing bridge. If you don’t have good partner, you’d better have a good hand. Woody Allen
I work for nothing but my own profit — which I make by …
I work for nothing but my own profit — which I make by selling a product they need to men who are willing and able to buy it. Ayn Rand
Atlas Shrugged, Ayn Rand, 1905-1982
I think what we’ve had here is a little social concern …
I think what we’ve had here is a little social concern in the NFL. The media has been very desirous that a black quarterback do well. There is a little hope invested in McNabb, and he got a lot of credit for the performance of this team that he didn’t deserve. The defense carried this team. Rush Limbaugh
September 28, 2003
Under all these circumstances it seems scarcely to be presumable that the …
Under all these circumstances it seems scarcely to be presumable that the deliberations of the body could be conducted in harmony, or terminate in the general good. Having witnessed the difficulties and dangers experienced by the first Convention which assembled under every propitious circumstance, I should tremble for the results of a second. James Madison
On the first Constitutional Convention (1751-1836)
Cowardice asks the question, Is it safe? Expediency asks the question,’Is …
Cowardice asks the question, ‘Is it safe?’ Expediency asks the question,’Is it politic?’ But conscience asks the question, ‘Is it right?’ And there comes a time when one must take a position that is neither safe, nor politic, nor popular but because conscience tells one it is right. Dr. Martin Luther King Jr.
Money is a living power that dies without its root. Money will …
Money is a living power that dies without its root. Money will not serve that mind that cannot match it. Ayn Rand
Atlas Shrugged,(1905-1982)