“By definition, the moment one crosses from center to left, one accepts more government control of people's lives. Therefore, the further left society moves, the more there is government control over its citizens' lives. It is astonishing that this obvious fact is not universally acknowledged and that the Left has somehow successfully portrayed itself as preoccupied with personal liberty.” PeopleMomentsFactsGovernmentMovingLeftLibertyAcceptingCitizensCrossesDefinitionsObviousOver ItAstonishingPersonal Liberty Author:Dennis Prager
“Do not accept principal risk while investing short-term cash: the greedy effort to earn a few extra basis points of yield inevitably leads to the incurrence of greater risk, which increases the likelihood of losses and severe illiquidity at precisely the moment when cash is needed to cover expenses, to meet commitments, or to make compelling long-term investments.” LongMomentsTermLossEffortAcceptingGreaterRiskNeededCommitmentBasesIncreaseInvestmentInvestingLong TermExtrasExpensesYieldCashCompellingPrincipalSevereGreedyShort TermLikelihood Author:Seth Klarman