Whether or not they recognize it, virtually all decisions that investors make are exercises in probability. For them to succeed, it is critical that their probability statement combines the historical record with the most recent data available. Warren Buffett
Category Archives: Quotations Freedom
The most powerful men are not public men: a public man is …
The most powerful men are not public men: a public man is responsible, and a responsible man is a slave. It is private life that governs the world. Benjamin Disraeli
British Prime Minister (1874-1880), author, Chancellor of the Exchequer 1804-1881
To be free one needs constant and unrelenting vigilance over one’s …
To be free one needs constant and unrelenting vigilance over one’s weaknesses. A vigilance which requires a moral energy most of us are incapable of manufacturing. We relax back into the moulds of habit. They are secure, they bind us and keep us contained at the expense of freedom. To break the moulds, to be heedless of the seductions of security is an impossible struggle, but one of the few that count. To be free is to learn, to test yourself constantly, to gamble. Robyn Davidson
Tracks
To Ronald Wilson Reagan, Fortieth President of the United States: The Man …
To Ronald Wilson Reagan, Fortieth President of the United States: The Man Who Won the War Tom Clancy
dedication of ‘Executive Orders’, 1996
America itself — the whole country — is a ‘free speech zone’. That’s …
America itself — the whole country — is a ‘free speech zone’. That’s what the First Amendment means, or it means nothing. Michael Badnarik
August 27, 2004
The fact that a believer is happier than a skeptic is no …
The fact that a believer is happier than a skeptic is no more to the point than the fact that a drunken man is happier than a sober one. The happiness of credulity is a cheap and dangerous quality. George Bernard Shaw
Playwright, 1856-1950
There is a recognition of the equality of rights among citizens in …
There is a recognition of the equality of rights among citizens in the pursuit of the ordinary avocations of life, and a declaration that all grants of exclusive privileges, in contravention of this equality, are against common right, and void. Mr. Justice Stephen Field
Justice Stephen Field: Shaping Liberty from the Gold Rush to the Gilded Age, by Paul Kens. University Press of Kansas, 1997.
Social Security, excluding Medicare, consumes 23 percent of the federal budget. Social …
Social Security, excluding Medicare, consumes 23 percent of the federal budget. Social security is a program that takes money from those who work [and save] and gives it to those who donÃt.
Reason, April 1993, p 6
We have to understand you can fight the war (on terrorism) and …
We have to understand you can fight the war (on terrorism) and lose everything if you have no civil liberties left when you get through fighting the war. Royce Lamberth
Reagan appointed U.S. District Court Judge in Washington, June 23, 2007
Kill reverence and you’ve killed the hero in man. Ayn Rand …
Kill reverence and you’ve killed the hero in man.
Ayn Rand
The Fountainhead, 1943. (1905-1982)