I Am Trying To Re-shape And Improve

The Right Remedy For The Trade Cycle Is Not To Be Found In Abolishing Booms And Thus Keeping Us Permanently In A Semi-slump; But In Abolishing Slumps And Thus Keeping Us Permanently In A Quasi-boom.

Galton's Eccentric, Sceptical, Observing, Flashing, Cavalry-leader Type Of Mind Led Him Eventually To Become The Founder Of The Most Important, Significant And, I Would Add, Genuine Branch Of Sociology Which Exists, Namely Eugenics.

Gold Is A Relic From A Time When Government's Were Less Trustworthy In These Matters (currency Debasement) Than They Are Now.

Experience Shows That What Happens Is Always The Thing Against Which One Has Not Made Provision In Advance.

I Feel No Shame At Being Found Still Owning A Share When The Bottom Of The Market Comes…i Would Go Much Further Than That. I Should Say That It Is From Time To Time The Duty Of A Serious Investor To Accept The Depreciation Of His Holdings With Equanimity And Without Reproaching Himself. … An Investor…should Be Aiming Primarily At Long-period Results, And Should Be Solely Judged By These.