Thus, The Weight Of My Criticism Is

I'd Rather Be Vaguely Right Than Precisely Wrong.

Most, Probably, Of Our Decisions To Do Something Positive, The Full Consequences Of Which Will Be Drawn Out Over Many Days To Come, Can Only Be Taken As The Result Of Animal Spirits-a Spontaneous Urge To Action Rather Than Inaction, And Not As The Outcome Of A Weighted Average Of Quantitative Benefits Multiplied By Quantitative Probabilities.

An Investor Who Proposes To Ignore Near-term Market Fluctuations Needs Greater Resources For Safety And Must Not Operate On So Large A Scale, If At All, With Borrowed Money.

Newton Was Not The First Of The Age Of Reason, He Was The Last Of The Magicians.

The Treasury Could Fill Old Bottles With Banknotes And Bury Them..and Leave It To Private Enterprises On Well-tried Principles Of Laissez-faire To Dig The Notes Up Again.