John Maynard
John Maynard
loss long investing
It is the duty of the long-term investor to endure great losses with equanimity.
expectations matter would-be
It would be foolish, in forming our expectations, to attach great weight to matters which are very uncertain.
humble heaven vastness
I don't feel the least humble before the vastness of the heavens.
eye average essence
It is the long-term investor...who will in practice come in for the most criticism... For it is the essence of his behavior that he should be eccentric, unconventional, and rash in the eyes of average opinion
two three investing
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.
mean men people
By this means (fractional reserve banking) government may secretly and unobserved, confiscate the wealth of the people, and not one man in a million will detect the theft.
mets train
God has arrived. I met him on the 5:15 train.
ought wild words
Words ought to be a little wild for they are the assaults of thought on the unthinking.
found harm promptly
There is no harm in being sometimes wrong- especially if one is promptly found out.