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Quote by Jagadish Chandra Bose

“The true laboratory is the mind, where behind illusions we uncover the laws of truth.”

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Jagadish Chandra Bose was an Indian physicist known for his significant contributions to the fields of radio science, biophysics, and plant science. He was a pioneer in the development of radio waves and is often referred to as the 'Father of Radio Science'. Bose's work in plant science involved the study of plant communication and growth, which laid the foundation for biophysics. He was a professor at the University of Calcutta and was awarded the Bharat Ratna, India's highest civilian award, in 1954. more

“We will continue to ignore political and economic forecasts, which are an expensive distraction for many investors and businessmen. Thirty years ago, no one could have foreseen the huge expansion of the Vietnam War, wage and price controls, two oil shocks, the resignation of a president, the dissolution of the Soviet Union, a one-day drop in the Dow of 508 points, or treasury bill yields fluctuating between 2.8% and 17.4%.”

“But, surprise - none of these blockbuster events made the slightest dent in Ben Graham's investment principles. Nor did they render unsound the negotiated purchases of fine businesses at sensible prices. Imagine the cost to us, then, if we had let a fear of unknowns cause us to defer or alter the deployment of capital. Indeed, we have usually made our best purchases when apprehensions about some macro event were at a peak. Fear is the foe of the faddist, but the friend of the fundamentalist.”

Ifs Made Causes Principles Imagine Events Fine Cost Surprise Investment Sensible Foe Apprehension Fundamentalist Deployment Blockbuster Macro

Author:Warren Buffett

Quote by Jagadish Chandra Bose

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