The Decadent International But Individualistic Capitalism In

The Central Principle Of Investment Is To Go Contrary To The General Opinion, On The Grounds That If Everyone Agreed About Its Merits, The Investment Is Inevitably Too Dear And Therefore Unattractive.

To Suppose That Safety-first Consists In Having A Small Gamble In A Large Number Of Different Companies Where I Have No Information To Reach A Good Judgment, As Compared With A Substantial Stake In A Company Where One's Information Is Adequate, Strikes Me As A Travesty Of Investment Policy.

All The Political Parties Alike Have Their Origins In Past Ideas And Not In New Ideas And None More Conspicuously So Than The Marxists .

In The Long Run We Are All Dead.

This Long Run Is A Misleading Guide To Current Affairs. In The Long Run We Are All Dead. Economists Set Themselves Too Easy, Too Useless A Task If In Tempestuous Seasons They Can Only Tell Us That When The Storm Is Long Past The Ocean Is Flat Again.