Logic , Like Lyrical Poetry , Is

Adam Smith And Malthus And Ricardo ! There Is Something About These Three Figures To Evoke More Than Ordinary Sentiments From Us Their Children In The Spirit.

How Can I Adopt A Creed Which, Preferring The Mud To The Fish, Exalts The Boorish Proletariat Above The Bourgeois And The Intelligentsia Who, With Whatever Faults, Are The Quality In Life And Surely Carry The Seeds Of All Human Advancement?

I Am Sure That The Power Of Vested Interests Is Vastly Exaggerated Compared With The Gradual Encroachment Of Ideas.

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.

The Difficulty Lies, Not In The New Ideas, But In Escaping The Old Ones, Which Ramify, For Those Brought Up As Most Of Us Have Been, Into Every Corner Of Our Minds.