A Quote by Benjamin Graham

The beauty of periodic rebalancing is that it forces you to base your investing decisions on a simple, objective standard. — © Benjamin Graham
The beauty of periodic rebalancing is that it forces you to base your investing decisions on a simple, objective standard.
Don't cohabitate. Don't fornicate. Don't look at pornography. Don't create a standard of beauty. Have your spouse be your standard of beauty. This is one of the great devastating effects of pornography: you lust after people and compare your spouse to them. It's impossible to be satisfied in your marriage if you don't have a standard that is biblical; that standard is always your spouse.
If standard of living is your major objective, quality of life almost never improves, but if quality of life is your number one objective, your standard of living almost always improves.
Fact: If standard of living is your number one objective, quality of life almost never improves. But if quality of life is your number one objective, standard of living invariably improves.
When you're a leader and a manager, you have to make decisions which are right for your group to achieve the primary objective. Sometimes those decisions will be criticised.
People know that pain is part of our nature, that it cannot be avoided and that it should not be avoided. But capitalism in this country is focused on the idea 1) that life can and should be absolutely beautiful; 2) that beauty can be defined according to an ironclad objective standard; 3) that beauty can be held onto forever if only you do the right things perfectly enough; and 4) that it can be purchased.
If you memorize the periodic table it will speed you up if you're a chemist, but by and large, the reason you have a periodic table is so that you can store that information outside of your body. That way it frees up some part of your brain to do something else...
We have spent so many years looking at images of another beauty ideal and so many years taking in magazine covers and films that represent a beauty standard that we'll never meet. People don't realize that there are makeup artists and hairstylists behind the scenes - even in something as simple as a 'candid' Instagram photo.
The conservative media game was neatly summarized by Matt Labash, a former senior writer for The Weekly Standard, in a 2003 interview on the website journalismjobs.com. Labash explained: 'The conservative media likes to rap the liberal media on the knuckles for not being objective. We've created this cottage industry in which it pays to be un-objective. It's a great way to have your cake and eat it too. Criticize other people for not being objective. Be as subjective as you want. It's a great little racket.'
You can't base your life's decisions on potential future regrets.
You can't base your decisions on anyone's opinion but yours and God's.
The bottom line: All of your investing decisions should be grounded in your own investment policy statement. By taking a "top-down" look at your finances and writing out a road map, your policy statement will add an important element of discipline to your approach.
Investing a lot of time and money in external beauty and caring little about internal beauty.
If your belief system is not founded in an objective reality, you should not be making decisions that affect other people.
Americans live in a free country, which allows you to believe what you want. Because you think that something is true does not require that it is objectively true. The value of science concerning itself with objective truths is that we can make decisions and statements that affect everyone, which is why legislation really should be based on objective truths, not what is going on in your head.
Wars are fought to gain a certain objective. War itself is not the objective; victory is not the objective; you fight to remove the obstruction that comes in the way of your objective. If you let victory become the end in itself then you've gone astray and forgotten what you were originally fighting about.
Beauty is now defined by your bones sticking out of your decolletage. For that to be the standard is really perilous for women.
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