A Quote by Warren Buffett
Truly conservative actions arise from intelligent hypotheses, correct facts and sound reasoning.
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You will be right, over the course of many transactions, if your hypotheses are correct, your facts are correct, and your reasoning is correct. True conservatism is only possible through knowledge and reason.
The errors which arise from the absence of facts are far more numerous and more durable than those which result from unsound reasoning respecting true data.
But that the reasoning from these facts, the drawing from them correct conclusions, is a matter of great difficulty, may be inferred from the imperfect state in which the Science is now found after it has been so long and so intensely studied.
Are not all Hypotheses erroneous, in which Light is supposed to consist in Pression or Motion, propagated through a fluid Medium? For in all these Hypotheses the Phaenomena of Light have been hitherto explain'd by supposing that they arise from new Modifications of the Rays; which is an erroneous Supposition.
Reasoning will never make a man correct an ill opinion, which by reasoning he never acquired
You're neither right nor wrong because other people agree with you. You're right because your facts are right and your reasoning is right - that's the only thing that makes you right. And if your facts and reasoning are right, you don't have to worry about anybody else.
Now, what I want is Facts. Teach these boys and girls nothing but Facts. Facts alone are wanted in life. Plant nothing else, and root out everything else. You can only form the minds of reasoning animals upon Facts; nothing else will ever be of any service to them.
In fact the a priori reasoning is so entirely satisfactory to me that if the facts won't fit in, why so much the worse for the facts is my feeling.
The sound of progress is perhaps the sound of plummeting hypotheses.
Facts are certainly the solid and true foundation of all sectors of nature study ... Reasoning must never find itself contradicting definite facts; but reasoning must allow us to distinguish, among facts that have been reported, those that we can fully believe, those that are questionable, and those that are false. It will not allow us to lend faith to those that are directly contrary to others whose certainty is known to us; it will not allow us to accept as true those that fly in the face of unquestionable principles.
We shall do better to abandon the whole attempt to learn the truthunless we can trust to the human mind's having such a powerof guessing right that before very many hypotheses shall have been tried, intelligent guessing may be expected to lead us to one which will support all tests, leaving the vast majority of possible hypotheses unexamined.
You can only form the minds of reasoning animals upon Facts: nothing else will ever be of any service to them. Stick to Facts, sir!
Progress is achieved by exchanging our theories for new ones which go further than the old, until we find one based on a larger number of facts. ... Theories are only hypotheses, verified by more or less numerous facts. Those verified by the most facts are the best, but even then they are never final, never to be absolutely believed.
If one's cause is supported by sound reasoning, there is no point in using violence. It is those who have no motive other than selfish desire and who cannot achieve their goal through logical reasoning who rely on force.
And truly, when you look at the Constitution and our founding fathers and their writings, the things that made this country great, you might draw those conclusions: That they were conservative. They were fiscally conservative and socially conservative.
Facts are simple and facts are straight. Facts are lazy and facts are late. Facts all come with points of view. Facts don't do what I want them to. Facts just twist the truth around. Facts are living turned inside out.
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