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Humans Quotes

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Humans Quotes

“And so when we talk about intangible values remember that they cannot be separated from the others. The conservation of waters, forests, soils, and wildlife are all involved with the conservation of the human spirit. The goal we all strive toward is happiness, contentment, the dignity of the individual, and the good life. This goal will elude us forever if we forget the importance of the intangibles.”

“If a betting game among a certain number of participants I played long enough, eventually one player will have all the money. If there is any skill involved, it will accelerate the process of concentrating all the stakes in a few hands. Something like this happens in the market. There is a persistent overall tendency for equity to flow from the many to the few. In the long run, the majority loses. The implication for the trader is that to win you have to act like the minority. If you bring normal human habits and tendencies to trading, you'll gravitate toward the majority and inevitably lose.”