John Maynard
John Maynard
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.
investing austerity slumps
The boom, not the slump, is the right time for austerity at the Treasury.
ought wild words
Words ought to be a little wild for they are the assaults of thought on the unthinking.
fail reputation succeed teaches wisdom worldly
Worldly wisdom teaches that it is better for the reputation to fail conventionally than to succeed unconventionally
found harm promptly
There is no harm in being sometimes wrong- especially if one is promptly found out.
change facts
When the facts change, I change my mind. What do you do, sir?