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Loss Quotes

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Loss Quotes

“There is nothing in the world more helpless and irresponsible and depraved than a man in the depths of an ether binge. It makes you behave like the village drunkard in some early Irish novel. Total loss of all basic motor skills, blurred vision, no balance, numb tongue - the mind recoils in horror, unable to communicate with the spinal column. Which is interesting, because you can actually watch yourself behaving in this terrible way, but you can’t control it.”

“A half century from now, our grandchildren are likely to look back at the era of mass employment in the market with the same sense of utter disbelief as we look upon slavery and serfdom in former times. The very idea that a human being's worth was measured almost exclusively by his or her productive output of goods and services and material wealth will seem primitive, even barbaric, and be regarded as a terrible loss of human value to our progeny living in a highly automated world where much of life is lived on the Collaborative Commons.”

“Jews, Germans, and Allies is an important historical document, especially in light of those revisionists who would impose a universal amnesia about the suffering and losses incurred during the Holocaust. The grim statistics that Ms. Grossmann presents in her carefully researched and well-organized book carry evidence of the terrible truth. But the testimony of the survivors she quotes contains the final, ineradicable facts of history.”

“The universal social pressure upon women to be all alike, and do all the same things, and to be content with identical restrictions, has resulted not only in terrible suffering in the lives of exceptional women, but also in the loss of unmeasured feminine values in special gifts. The Drama of the Woman of Genius has too often been a tragedy of misshapen and perverted power.”

“A lot of people with high IQs are terrible investors because they've got terrible temperaments. And that is why we say that having a certain kind of temperament is more important than brains. You need to keep raw irrational emotion under control. You need patience and discipline and an ability to take losses and adversity without going crazy. You need an ability to not be driven crazy by extreme success”

“We regard using [a stock's] volatility as a measure of risk is nuts. Risk to us is 1) the risk of permanent loss of capital, or 2) the risk of inadequate return. Some great businesses have very volatile returns - for example, See's [a candy company owned by Berkshire] usually loses money in two quarters of each year - and some terrible businesses can have steady results.”

“Because God is never cruel, there is a reason for all things. We must know the pain of loss; because if we never knew it, we would have no compassion for others, and we would become monsters of self-regard, creatures of unalloyed self-interest. The terrible pain of loss teaches humility to our prideful kind, has the power to soften uncaring hearts, to make a better person of a good one.”