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Events Quotes

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Events Quotes

“The enemy of the conventional wisdom is not ideas but the march of events.”

Ideas Politics Enemy Events Investing March Conventional Conventional Wisdom

Book:The affluent society

Source: The affluent society

“...theories should be judged by their ability to predict events rather than by the realism of their assumptions.”

Should Ability Events Theory Investing Assumption Judged Realism

Author:Milton Friedman

“The considerations upon which expectations of prospective yields are based are partly existing facts which we can assume to be known more or less for certain, and partly future events which can only be forecasted with more or less confidence.”

Facts Certain Known Events Expectations Assuming Investing Consideration Yield Future Events

Book:General Theory Of Employment , Interest And Money

Source: General Theory Of Employment , Interest And Money

“Don't be a perfectionist, because perfectionists often spend too much time on little differences at the margins at the expense of other big, important things. Be an effective imperfectionist. Solutions that broadly work well (e.g., how people should contact each other in the event of crises) are generally better than highly specialized solutions (e.g., how each person should contact each other in the event of every conceivable crisis).”

People Life Should Wells Littles Persons Important Bigs Growth Differences Too Much Events Solutions Crisis Important Things Personal Growth Investing Contact Expenses Margins Perfectionist

Author:Ray Dalio

“Don't ever become a pessimist... a pessimist is correct oftener than an optimist, but an optimist has more fun, and neither can stop the march of events.”

Happiness Fun Events Optimism Investing March Pessimism Optimist Pessimist

Book:Time Enough for Love

Source: Time Enough for Love

“If our goal in legislating against carbon releases is not simply punishing the West and its power companies but truly trying to reduce the accumulation of greenhouse gasses in the atmosphere, the main event will be in the developing world. We must use the smartest possible economics, and that means investing in China and India.”

Ifs World Trying Mean Use Goal Company Events Economics India West Investing China Release Developing Atmosphere Carbon Accumulation Greenhouses China And India

Author:Gregg Easterbrook