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“In our pursuit of the things of this world, we usually prevent enjoyment, by expectation; we anticipate our own happiness, and eat out the heart and sweetness of worldly pleasures, by delightful forethoughts of them; so that when we come to possess them, they do not answer the expectation, nor satisfy the desires which were raised about them, and they vanish into nothing.”

“For any exam in history, here is the answer: all human history is the struggle between systems that attempt to shackle the human personality in the name of some intangible good on the one hand and systems that enable and expand the scope of human personality in the pursuit of extremely tangible aims. The American system is the most successful in the world because it harmonizes best with the aims and longings of human personality while allowing the best protection to other personalities.”

“The whole life of Christians ought to be an exercise of piety, since they are called to sanctification. It is the office of the law to remind them of their duty and thereby to excite them to the pursuit of holiness and integrity. But when their consciences are solicitous how God may be propitiated, what answer they shall make, and on what they shall rest their confidence, if called to his tribunal, there must then be no consideration of the requisitions of the law, but Christ alone must be proposed for righteousness, who exceeds all the perfection of the law.”

“It is important to remember that value investing is not a perfect science. It is an, with an ongoing need for judgment, refinement, patience, and reflection. It requires endless curiosity, the relentless pursuit of additional information, the raising of questions, and the search for answers. It necessitates dealing with imperfect information - knowing you will never know everything and that that must not prevent you from acting. It requires a precarious balance between conviction, steadfastness in the face of adversity, and doubt - keeping in mind the possibility that you could be wrong.”