Short Term Volatility Is Greatest At Turning

Mankind's Ability To Understand And Control The Forces Of Nature Greatly Exceeds Our Ability To Govern Ourselves

Unfortunately, The More Complex The System, The Greater The Room For Error.

Increase Your Bets When You Are Confident And Scale Down Your Positions When You Don't Have Conviction.

Markets Are Designed To Allow Individuals To Look After Their Private Needs And To Pursue Profit. It's Really A Great Invention, And I Wouldn't Underestimate The Value Of That. But They're Not Designed To Take Care Of Social Needs.

Sometimes Time Actually Works Against You If You Refuse To Face The Relevant Issues And Explain To The Public What Is At Stake.