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Limits Quotes

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Limits Quotes

“A complete theory of evolution must acknowledge a balance between "external" forces of environment imposing selection for local adaptation and "internal" forces representing constraints of inheritance and development. Vavilov placed too much emphasis on internal constraints and downgraded the power of selection. But Western Darwinians have erred equally in practically ignoring (while acknowledging in theory) the limits placed on selection by structure and development what Vavilov and the older biologists would have called "laws of form.”

“One of the great triumphs of the nineteenth century was to limit the connotation of the word "immoral" in such a way that, for practical purposes, only those were immoral who drank too much or made too copious love. Those who indulged in any or all of the other deadly sins could look down in righteous indignation on the lascivious and the gluttonous.... In the name of all lechers and boozers I most solemnly protest against the invidious distinction made to our prejudice.”

“As time goes on, I get more and more convinced that the right method in investment is to put fairly large sums into enterprises which one thinks one knows something about and in the management of which one thoroughly believes. It is a mistake to think that one limits one's risk by spreading too much between enterprises about which one knows little and has no reason for special confidence. . . . One's knowledge and experience are definitely limited and there are seldom more than two or three enterprises at any given time in which I personally feel myself entitled to put full confidence.”

“Intellectual-property rules are clearly necessary to spur innovation: if every invention could be stolen, or every new drug immediately copied, few people would invest in innovation. But too much protection can strangle competition and can limit what economists call 'incremental innovation' - innovations that build, in some way, on others.”

“Just that dwelling and planning is bullshit, you dwell on the past, you can’t move forward. Spend too much time planning for the future and you just push yourself backwards, or you stay stagnant in the same place all your life. Live in the moment, where everything is just right, take your time and limit your bad memories and you’ll get wherever it is you’re going a lot faster and with less bumps in the road along the way.”