Chess Is A Cure For Headaches.

The Introduction Of A Substantial Government Transfer Tax On All Transactions Might Prove The Most Serviceable Reform Available,with A View To Mitigating The Predominance Of Speculation In The United States.

As Time Goes On, I Get More And More Convinced That The Right Method In Investment Is To Put Fairly Large Sums Into Enterprises Which One Thinks One Knows Something About And In The Management Of Which One Thoroughly Believes. It Is A Mistake To Think That One Limits One's Risk By Spreading Too Much Between Enterprises About Which One Knows Little And Has No Reason For Special Confidence. . . . One's Knowledge And Experience Are Definitely Limited And There Are Seldom More Than Two Or Three Enterprises At Any Given Time In Which I Personally Feel Myself Entitled To Put Full Confidence.

There Is Nothing So Disastrous As A Rational Investment Policy In An Irrational World.

If Farming Were To Be Organised Like The Stock Market, A Farmer Would Sell His Farm In The Morning When It Was Raining, Only To Buy It Back In The Afternoon When The Sun Came Out.

The Principle Objectives In Life Are Love, The Creation And Enjoyment If Aesthetic Experience, The Pursuit Of Knowledge. Love Comes A Long Way First.