To a value investor, investments come in three varieties: undervalued at one price, fairly valued at another price, and overvalued at still some higher price. The goal is to buy the first, avoid the second, and sell the third.
Me, I'm dishonest, and you can always trust a dishonest man to be dishonest. Honestly, it's the honest ones you have to watch out for.
One always pulls the trigger out of self-interest and quotes history to avoid responsibility or pangs of conscience.
As we think of power in the 21st century, we want to get away from the idea that power's always zero sum - my gain is your loss and vice versa. Power can also be positive sum, where your gain can be my gain.
As we think of power in the 21st century, we want to get away from the idea that power’s always zero sum — my gain is your loss and vice versa. Power can also be positive sum, where your gain can be my gain.
O faithless coward! O dishonest wretch!
Wilt thou be made a man out of my vice?
The determination of the value of an item must not be based on its price, but rather on the utility it yields. The price of the item is dependent only on the thing itself and is equal for everyone; the utility, however, is dependent on the particular circumstances of the person making the estimate. Thus there is no doubt that a gain of one thousand ducats is more significant to a pauper than to a rich man though both gain the same amount.
Prefer a loss to a dishonest gain; the one brings pain at the moment, the other for all time.
We pay some price when necessary to bring down inflation but that price is temporary and is not large relative to the permanent gain from reduced inflation.
Grief is the price we pay for being close to one another. If we want to avoid our grief, we simply avoid each other.
It is a trick among the dishonest to offer sacrifices that are not needed, or not possible, to avoid making those that are required.
God grant to all of us the power and strength to be people of integrity, and the insight and wisdom to avoid being led into the snares of the dishonest.
My only aversion to vice, is the price.
For though Death be a dark passage, it leads to immortality, and that is recompence enough for suffering of it.
There are men so incorrigibly lazy that no inducement that you can offer will tempt them to work; so eaten up by vice that virtue is abhorrent to them, and so inveterably dishonest that theft is to them a master passion.