A Quote by Bruce Berkowitz
There are two hedges I know of; one is cash and the other is knowledge.
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"You need hedges.""Hedges," I said, bemused. "Yes, Edgar." He looked surprised and a little disappointed, as if I had failed to understand a very simple concept. "Hedges against the night."
We want to use cash. The reason we haven't used our cash two years ago, we just didn't find things that were that attractive. But when people talk about cash being king, it's not king if it just sits there and never does anything. There are times when cash buys more than other times, and this is one of the other times when it buys a fair amount more, so we use it.
Without knowledge of self there is no knowledge of God Our wisdom, in so far as it ought to be deemed true and solid Wisdom, consists almost entirely of two parts: the knowledge of God and of ourselves. But as these are connected together by many ties, it is not easy to determine which of the two precedes and gives birth to the other.
These are two different exercises. One of them is, "You don't know and I know, so just shut up and listen," and the other one is, you're curious and you're learning, and I have a way where you can learn this so you'll know it as well. And when you know it, and know why you know it, then you don't have to reference me ever again because you take ownership of the knowledge, and you can then share it with someone else.
To have knowledge and to know are two different things, and one is possible without the other.
Cash is the lifeblood of your business. There are very few things in business that will kill you, but running our of cash is one of those things. You can recover from almost any other mistake, but if you run out of cash you're dead.
Mothers and daughters have always exchanged with each other - beyond the verbally transmitted lore of female survival - a knowledge that is subliminal, subversive, preverbal: the knowledge flowing between two alike bodies, one of which has spent nine months inside the other.
By this we may understand, there be two sorts of knowledge, whereof the one is nothing else but sense, or knowledge original (as I have said at the beginning of the second chapter), and remembrance of the same; the other is called science or knowledge of the truth of propositions, and how things are called, and is derived from understanding.
The word "knowledge" itself, we like to break it down into two different words, "know" and "ledge." You've got to know the ledge. Know the limitation of things. Know where they go, know where they start from. We say knowledge is the basic foundation of the universe. But everything is first based on something being known. Then, when it's known, then it can be manifested.
In the business world, everyone is paid in two coins: cash and experience. Take the experience first; the cash will come later.
For love... has two faces; one white, the other black; two bodies; one smooth, the other hairy. It has two hands, two feet, two tails, two, indeed, of every member and each one is the exact opposite of the other. Yet, so strictly are they joined together
Writers do not want to think they are less rational than other people, and at the mercy of compulsions, but in their hearts they know they are like those people who are taken for walks by their dogs, towed through hedges and ditches by an untrained sub-human energy.
One cannot come back too often to the question what is knowledge and to the answer knowledge is what one knows.... Knowledge is the thing you know and how can you know more than you do know.
There's lots of things that can be solved with cash. And there's occasional things that can't be solved with cash, which become a bureaucratic nightmare for some reason, and there's no distinction between the two.
The only thing I took advantage of at Extreme Rules was an opportunity to cash in my Money in the Bank contract, which I did successfully, well within the rules. You know, Jeff knows this, you know this, the fans know this: nowhere on that contract does it say, under any circumstances, 'Do not cash in on Jeff Hardy.'
Two things happen when you're fearful. First, you make seemingly rational decisions that are actually hedges. Or second, you fail to do something because you worry about the consequences.
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