Quotessence
Home / Quotes / Quote by Naved Abdali

Quote by Naved Abdali

“As a group, traders’ net return will always be lower than investors by the amount of transaction cost, plus research expenses.”

Quote by Naved Abdali

Author

Naved Abdali

Browse famous quotes and profile details for Naved Abdali. more

You May Also Like

“Somehow it was not the fault of the born adventurers, of those who by their very nature dwelt outside society and outside all political bodies, that they found in imperialism a political game that was endless by definition; they were not supposed to know that in politics an endless game can end only in catastrophe and that political secrecy hardly ever ends in anything nobler than the vulgar duplicity of a spy. The joke on these players of the Great Game was that their employers knew what they wanted and used their passion for anonymity for ordinary spying. But this triumph of the profit-hungry investors was temporary, and they were duly cheated when a few decades later they met the player of the game of totalitarianism, a game played without ulterior motives like profit and therefore played with such murderous efficiency that it devoured even those who financed it.”

“What appears most disquieting to me in isolation is the dilemma of how to use time. There is either too much or too little of it; we either live inside painfully contracting horizons, or feel ourselves isolated in the vastness of space. I seem to have lived with the palm of my hand balanced on the tip of a knife, writing what in theory I would call the Preface to a Future Book. And the relation of time to creation should always appear like that, a ratio that describes the fullness of energy brought to a particular stage of one's life, so that each work is a preface to a stage at which one has still to arrive, the logical extension of which is death. I live for the blaze of metaphor that unites incongruities. The red wine-stain on my page is like an intoxicant to the dance of words. It is a little ritual I undertake, this sprinkling of wine-spots on paper.”

“Curious Oriental imagery was employed in these documents. In one of his earlier letters the thum asked why the British strayed thus into his country 'like camels without nose rings'. In another letter he declared that he cared nothing for the womanly English, as he hung upon the skirts of the manly Russians, and he warned Colonel Durand that he had given orders to his followers to bring him the Gilgit Agent's head on a platter. The thum was, indeed an excellent correspondent about this time. He used to dictate his letters to the Court Munshi, the only literary man, I believe, in the whole of his dominions, who wrote forcible, if unclassical, Persian. In one letter the thum somewhat shifted his ground, and spoke of other friends. 'I have been tributary to China for hundreds of years. Trespass into China if you dare,' he wrote to Colonel Durand. 'I will withstand you, if I have to use bullets of gold. If you venture here, be prepared to fight three nations - Hunza, China, and Russia. We will cut your head off, Colonel Durand, and then report you to the Indian Government.”

“For Burke, almost everything that makes life worthwhile is a result of society, its inherited codes, knowledge, and institutions. These goods are fragile, and when they are destroyed, the result is human misery.... Among the greatest of man's needs, according to Burke, was the need for society and government to provide "a sufficient restraint upon their passions." As far back as his Vindication of Natural Society, Burke had argued that the destruction of inherited institutions and cultural practices would result not in natural harmony, but in barbarism. For Burke, as for Adam Smith, man is preeminently social man who realizes himself morally only under the tutelage of society. (p. 131)”