A Quote by Warren Buffett
It is obvious that the performance of a stock last year or last month is no reason, per se, to either own it or to not own it now. It is obvious that an inability to "get even" in a security that has declined is of no importance. It is obvious that the inner warm glow that results from having held a winner last year is of no importance in making a decision as to whether it belongs in an optimum portfolio this year.
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I feel that this is my first year, that next year is an election year, that the third year is the mid point, and that the fourth year is the last chance I'll have to make a record since the last two years; I'll be a candidate again. Everything I do in those last two years will be posturing for the election. But right now I don't have to do that.
Yes, last year we hit a record number of murders from guns [in Chicago]. And this year we are already outpacing last year's numbers. Now, there are contributing factors that are not under anybody's control and may seem odd, but it is factually true. One of them is actually the weather. There is a dramatic increase in gun violence when it is warmer. And we are having this climate change effect that is driving that.
Last year, New York got $200 million. This year, we're going to give them $124 million under this particular program. But last year was an artificially elevated number to make up from the very low grant the year before.
The optimum portfolio depends on the various expectations of choices available and the degree of variance in performance which is tolerable. The greater the number of selections, the less will be the average year-to-year variation in actual versus expected results. Also, the lower will be the expected results, assuming different choices have different expectations of performance.
Never let failure discourage you. Every time you get to the base of a mountain (literal or metaphorical), you're presented with a new opportunity to challenge yourself, to push your limits beyond what you thought possible, to learn from climbers on the trail ahead of you, and to take in some amazing views. Your performance on the mountain you climbed last week or last month or last year doesn't matter - because it's all about what you are doing right now.
Once publishers got interested in it, it was a year in developing, and it was launched, I think, in 1960. But Willie Lumpkin didn't last long - it only last a little better than a year, maybe a year and a half.
Even when I finished third at the U.S. Open a few weeks back, I didn't putt very well, nor in the last round of last year's Masters when Mickelson won, nor last year's Open at Turnberry, where I came second.
Every year is a new year, and when you look at the turnover year to year, teams that made the playoffs last year aren't a guarantee to make the playoffs this year.
I don't really admire musicianship per se - as is obvious from my own playing.
I want to be better every year, just like everyone else does. From what I learned from last year, I feel a lot more comfortable. I know the game and how it goes up here. You get in certain situations the first time, you really don't know what to expect. Now that I've been in them-and I've been in every situation possible last year-there's nothing new to come at me.
All the events you have experienced in your lifetime up to this moment have been created by your thoughts and beliefs you have held in the past. They were created by the thoughts and words you used yesterday, last week, last month, last year, 10, 20, 30, 40, or more years ago, depending on how old you are.
All the events you have experienced in your lifetime up to this moment have been created by your thoughts and beliefs you have held in the past. They were created by the thoughts and words you used yesterday, last week, last month, last year, 10, 20, 30, 40, or more years ago, depending on how old you are
For last year's words belong to last year's language And next year's words await another voice.
Snoopy: So this is the last day of the year. Another complete year gone by and what have I accomplished this year that I haven't accomplished every other year? Nothing! (He smiles.) How consistent can you get?
What is past is past. You can do nothing about yesterday and last month and the failures of last year, but you can do everything toward making tomorrow and the rest of your life what you always dreamed it could be.
Who but knows
How it goes!
Life's a last year's Nightingale,
Love's a last year's rose.
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