“Logic is the subject that has helped me most in picking stocks, if only because it taught me to identify the peculiar illogic of Wall Street. Actually Wall Street thinks just as the Greeks did. The early Greeks used to sit around for days and debate how many teeth a horse has. They thought they could figure it out just by sitting there, instead of checking the horse. A lot of investors sit around and debate whether a stock is going up, as if the financial muse will give them the answer, instead of checking the company.” IfsThinkingGivingUsedAnswersCompanyStreetsSubjectsFiguresTaughtWallSittingLogicHorseFinancialDebateTeethGreekPeculiarInvestorsMuse Book:One Up On Wall Street: How To Use What You Already Know To Make Money In Source: One Up On Wall Street: How To Use What You Already Know To Make Money In
“It is amazing how many people think that they can answer an argument by attributing bad motives to those who disagree with them. Using this kind of reasoning, you can believe or not believe anything about anything, without having to bother to deal with facts or logic.” PeopleThinkingBelieveKindFactsAnswersDealsArgumentLogicBotherMotiveReasoningDisagree Author:Thomas Sowell
“People knew there were two ways of coming at truth. One was science, or what the Greeks called Logos, reason, logic. And that was essential that the discourse of science or logic related directed to the external world. The other was mythos, what the Greeks called myth, which didn't mean a fantasy story, but it was a narrative associated with ritual and ethical practice but it helped us to address problems for which there were no easy answers, like mortality, cruelty, the sorrow that overtakes us all that's part of the human condition. And these two were not in opposition, we needed both.” PeopleWorldWayHumansMeanTwoReasonStoriesProblemEasyAnswersPracticeFantasyConditionsNeededSorrowEssentialsLogicMythCrueltyNarrativeGreekRelatedAddressesOppositionMortalityEthicalRitualHuman ConditionDiscourseTwo WaysLogosEasy AnswersFantasy Stories Author:Karen Armstrong