A Quote by William J. Bernstein

The purpose of investing is not to simply optimise returns and make yourself rich. The purpose is not to die poor. — © William J. Bernstein
The purpose of investing is not to simply optimise returns and make yourself rich. The purpose is not to die poor.
The returns from investing in poor people are just as great as the returns from investing in the business world... and have even more meaning
When a thing has served its purpose, it will go away. Sometimes it will break. At other times, it will simply die off. Then, there are those times when for no reason, it will simply fall apart. If you try to hold on to something that has already fulfilled its purpose in your life, you are going to hurt yourself. If holding on is disturbing your peace of mind, it makes sense to let it go.
After all, what is your host's purpose in having a party? Surely not for you to enjoy yourself; if that were their sole purpose, they'd have simply sent champagne and women over to your place by taxi.
Hope and purpose in this world is living as best as you can and maybe having life that gives back. But simply giving back isn't purpose; it's a branch of purpose, but it is not the trunk or root of the tree.
Every little thing has a purpose, at the same time, it has no purpose because this whole thing is a game. It is the existence which is total, beyond purpose. So you can say, virtually there is no purpose. If at all you have to pin down to a purpose then the purpose of nature is to take you to the Source, is to remind you of the Source, connect you to your Source.
The purpose of religion is to keep the poor from killing the rich.
Everyone is looking for a purpose in life. The reason we all go to the cinema, or online, is because we haven't found a purpose yet. We are always wondering why we're here. But I've learned that we have to create that purpose for ourselves. My purpose, which I finally found thanks to social media, is helping all of these people find their purpose.
It is not without a purpose when a rich man greets a poor one with kindness.
The purpose of armed struggle is not simply to kill... its purpose is to reach a political goal.
The one function that most gods seem to have in common is to give human existence some ultimate purpose - and, while it is not possible to disprove an ultimate purpose, there does not seem to be any evidence for it. This is not to say, of course, that there is no purpose in life at all: we all make our own purposes as we go through life. And life does not lose its value simply because it it not going to last forever.
All the measures of the Government are directed to the purpose of making the rich richer and the poor poorer.
I believe that all the measures of the Government are directed to the purpose of making the rich richer and the poor poorer.
I love coaching football, and winning a Super Bowl was a goal I've had for a long time. But it has never been my purpose in life. My purpose in life is simply to glorify God. We have to be careful that we don't let the pursuit of our life's goals, no matter how important they seem, cause us to lose sight of our purpose. I coach football. But the good I can do to glorify God along the way is my real purpose.
In previous generations, there was purpose; you had to die, but there was God, and literature and culture would go on. Now, there is no God, and our species is imminently doomed, so there is no purpose. We get up, raise families, have bank accounts, fix our teeth and everything else. But really, there is utterly no purpose except to be alive.
The rapture will not be secret but open and manifest. Its purpose will not be to whisk the elect away from the earth for a while until Christ returns for a 'second' Second Coming. The purpose of the rapture is to allow the saints to meet Jesus in the air as He returns and be included in His entourage during His triumphal descent from Heaven. His coming in this manner will be attended by the general resurrection, the final judgment, and the end of the world.
One of my optimistic prophecies is based on the assumption that machines could have the best algorithms in the universe, but it will never have purpose. And the problem for us to explain purpose to a machine is because we don't know what our purpose is. We have the purpose, but we still ... When we look at this global picture, a universal picture, to understand what is our purpose being here on this planet? We don't know.
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