“People want to buy cheap and sell dear; this by itself makes them countertrend. But the notion of cheapness or dearness must be anchored to something. People tend to view the prices they’re used to as normal and prices removed from these levels as aberrant. This perpective leads people to trade counter to an emerging trend on the assumption that prices will eventually return to “normal”. Therein lies the path to disaster.” PeopleWantUsedLyingLevelsViewsPathReturnNormalTradeSellsNotionDearDisasterAssumptionTrendsEmergingCheapness Author:William Eckhardt
“There is this unbounded, infinite, eternal, level, ocean, within every human being. Inner happiness comes with consciousness, bliss, intelligence comes with it. Creativity, love. Human beings have a potential and it has names like enlightenment or fulfilment, or liberation. True happiness is not out there, true happiness lies within. They say beauty is only skin deep but it's this stuff coming from the inside, absolute vibrant consciousness, absolute bliss” HumansLyingNamesStuffHuman BeingsLevelsConsciousnessCreativityOceanEternalEnlightenmentSkinsAbsolutesInfiniteLiberationBlissTrue HappinessFulfilmentInner HappinessSkin DeepBeauty Is Only Skin Deep Author:David Lynch
“Our lives are waves that come up out of the ocean of eternity, break upon the beach of earth, and lapse back to the ocean of eternity. Some are sunlit, some run in storm and rain; one is a quiet ripple, another is a thunderous breaker; and once in many centuries comes a great tidal wave that sweeps over a continent; but all go back to the sea and lie equally level there.” LifeRunningEarthLyingLevelsBreakOur LivesSeaCenturyQuietOceanRainEternityWaveCome UpStormBeachContinentsRippleLapsesTidal Waves Author:Austin O'Malley
“Below Every Tangled Hierarchy Lies An Inviolate Level” LyingLevelsHierarchyTangled Author:Douglas Hofstadter
“Eliminate slogans, exhortations, and targets for the work force asking for zero defects and new levels of productivity. Such exhortations only create adversarial relationships, as the bulk of the causes of low quality and low productivity belong to the system and thus lie beyond the power of the work force” LyingForceCausesLevelsQualityLowsAskingSafetyProductivityTargetZeroDefectsSlogansZero Defects Book:The Essential Deming: Leadership Principles from the Father of Quality Source: The Essential Deming: Leadership Principles from the Father of Quality
“[D]ecade after decade, through taxes and regulations, governments at all levels took ever-increasing control over people's lives, wealth, and property. The control grew exponentially, decade after decade. The rationale was that the control was necessary -- for society, for the poor, for the nation, even for freedom itself. Americans continued living their life of the lie: they continued believing that the more control government exercised over their lives and property, the freer they became.” PeopleBelieveGovernmentLyingNationsWealthPoorLevelsGrewTaxesPropertyDecadesRegulationRationale Author:Jacob G. Hornberger
“The most realistic distinction between the investor and the speculator is found in their attitude toward stock-market movements. The speculator's primary interest lies in anticipating and profiting from market fluctuations. The investor's primary interest lies in acquiring and holding suitable securities at suitable prices. Market movements are important to him in a practical sense, because they alternately create low price levels at which he would be wise to buy and high price levels at which he certainly should refrain from buying and probably would be wise to sell.” ShouldImportantWould BeLyingFoundInterestLevelsAttitudeWiseSecurityMovementLowsSellsPracticalsPrimariesBuyingDistinctionRealisticInvestorsBeing WiseSuitableRefrainFluctuationHigh PricesSpeculators Author:Benjamin Graham