Golf Is An Ideal Diversion, But A

A Young Financial Writer Once Brought Ridicule Upon Himself By Stating That A Certain Company Had Nothing To Commend It Except Excellent Earnings. Well, There Are Companies Whose Earnings Are Excellent But Whose Stocks I Would Never Recommend. In Selecting Investments, I Attach Prime Importance To The Men Behind Them. I'd Rather Buy Brains And Character Than Earnings. Earnings Can Be Good One Year And Poor The Next. But If You Put Your Money Into Securities Run By Men Combining Conspicuous Brains And Unimpeachable Character, The Likelihood Is That The Financial Results Will Prove Satisfactory.

Golf Is An Ideal Diversion, But A Ruinous Disease.

Vitally Important For A Young Man Or Woman Is, First, To Realize The Value Of Education And Then To Cultivate Earnestly, Aggressively, Ceaselessly, The Habit Of Self-education.

Difficulties Should Act As A Tonic. They Should Spur Us To Greater Exertion.

America, In The Eyes Of The World, Typifies Above All Else This Quality Of Initiative. The Greatest Successes Are Nearly All The Fruit Of Initiative. Why Do We Hold In Such High Esteem The Achievements Of The Wright Brothers? Because They Were Illustrious Examples Of Initiative And Tenacity. And Ideas Are Born Of Initiative, The Children Of Men And Women Of Initiative. Advancement Is Applied Initiative. Don't Imitate. Initiate.