A Quote by Joel Greenblatt

Choosing individual stocks without any idea of what you're looking for is like running through a dynamite factory with a burning match. You may live, but you're still an idiot.
You had a lot of novice investors who got into the market looking for easy money, without any regard to the fundamentals. These stocks were running on fumes.
We may live without poetry, music and art; We may live without conscience, and live without heart; We may live without friends; we may live without books; But civilized man cannot live without cooks. . . . He may live without books,-what is knowledge but grieving? He may live without hope,-what is hope but deceiving? He may live without love,-what is passion but pining? But where is the man that can live without dining?
Without going outside, you may know the whole world, without looking through the window, you may see the ways of heaven. The farther you go, the less you know. Thus the sage knows without traveling; he sees without looking; he works without doing.
If stocks are attractive and you don't buy, you don't just look like an idiot, you are an idiot.
On a very, very basic level, I'm definitely pro market because with the market comes the idea of the individual and the idea of specialisation, and I personally like being an individual and choosing my interactions. I don't see culture moving away from that, like back to a farming society. You couldn't do that with the amount of people we have.
You may not become a celebrity. You may even experience lots of illness or divorce, or unhappiness. But I think there is still a thread of individual character that determines how you live through those things.
Stocks can be dynamite.
[He] may talk like an idiot, and look like an idiot, but don't let that fool you: he really is an idiot.
I still totally believe in individual rights and individual responsibility and in choosing to do good.
I like any cereal. I like the idea of just eating and drinking with one hand without looking.
A guy like Benoit, he's really good and a lot like Dynamite. Dynamite, just because he was the original, was the best. But, you know, Benoit now is by far better. Dynamite Kid is nothing now.
Why continue? Because we must. Because we have the call. Because it is nobler to fight for rationality without winning than to give up in the face of continued defeats. Because whatever true progress humanity makes is through the rationality of the occasional individual and because any one individual we may win for the cause may do more for humanity than a hundred thousand who hug their superstitions to their breast.
The moralist and the revolutionary are constantly undermining one another. Marx exploded a hundred tons of dynamite beneath the moralist position, and we are still living in the echo of that tremendous crash. But already, somewhere or other, the sappers are at work and fresh dynamite is being tamped in place to blow Marx at the moon. Then Marx, or somebody like him, will come back with yet more dynamite, and so the process continues, to an end we cannot foresee.
It is the witness alone that can work without any desire, without any idea of going to heaven, without any idea of blame, without any idea of praise. The witness alone enjoys, and none else.
I have not yet learned to live, that I can see, and I fear that I shall not very soon. I find, however, that in the long run things correspond to my original idea,--that they correspond to nothing else so much; and thus a man may really be a true prophet without any great exertion. The day is never so dark, nor the night even, but that the laws at least of light still prevail, and so may make it light in our minds if they are open to the truth.
Stocks actually can be a very good hedge against inflation, and short of hyperinflation, stocks will have the ability to increase their dividends to match the rise in prices.
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