A Quote by James Russell Lowell
There is no better ballast for keeping the mind steady on its keel, and saving it from all risk of crankiness, than business.
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A mind in control is always better than a mind out of control. For one thing, a controlled mind can learn much better and go much further than a chaotic one. A person with a steady-state mind has the potential to exit this life with a much greater understanding than someone who is continually learning and forgetting, gaining and misplacing knowledge.
It is better to risk saving a guilty man than to condemn an innocent one.
A network marketing business is based upon the leaders pulling people up, while a traditional corporate or government business is based upon only promoting a few and keeping the masses of employees content with a steady paycheck.
I think that saving a little child And bringing him to his own, Is a derned sight better business Than loafing around the throne.
Ignorance and prejudice are the ballast of our ship of state - however, ships without ballast are not seaworthy and cannot sail in the tempests, nor reach a safe harbor.
We regard using [a stock's] volatility as a measure of risk is nuts. Risk to us is 1) the risk of permanent loss of capital, or 2) the risk of inadequate return. Some great businesses have very volatile returns - for example, See's [a candy company owned by Berkshire] usually loses money in two quarters of each year - and some terrible businesses can have steady results.
How do you go about finding anything?
By keeping your mind and heart on it.
Interest there must be and steady remembrance.
To remember what needs to be remembered
is the secret of success.
You come to it through earnestness
Never risk more than 1% of total account equity on any one trade. By risking 1%, I am indifferent to any individual trade. Keeping your risk small and constant is absolutely critical.
Variety, individuality, peculiarity, eccentricity and indeed crankiness are agreeable to the British mind; they make life more interesting.
The public takes little notice of those who want to abolish abortion. They are dismissed as extremists. If I were to argue that all abortions should be banned, the ethical discussions would go round in circles.... My view is that the only way forward is to argue for a reduction in the time limit... saving some lives is better than saving no lives at all. I hope pro-lifers will come to share my view that some progress is better than no progress.
This is how a man looks when he's deciding that the risk of death is better than the risk of change.
The hardest part is keeping yourself even keel across the board. You have to keep a balance until you get to Sunday and understand what goes with the week.
A pretty girl is better than a plain one. A leg is better than an arm. A bedroom is better than a living room. An arrival is better that a departure. A birth is better than a death. A chase is better than a chat. A dog is better than a landscape. A kitten is better than a dog. A baby is better than a kitten. A kiss is better than a baby. A pratfall is better than anything.
CEOs are no different than the guy in the mailroom. They all have to learn how to manage better the risk created by our increasingly risk-shifting world.
It is said that if Noah's ark had to be built by a company; they would not have laid the keel yet; and it may be so. What is many men's business is nobody's business. The greatest things are accomplished by individual men.
Help, then, is the ballast that keeps us steady, that recognizes where along the path are the dangers and pitfalls that can throw us off; hope tempers fear so we can recognize dangers and then bypass or endure them.
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