“In the stock market (as in much of life), the beginning of wisdom is admitting your ignorance. One of the many things you cannot know about stocks is exactly when they will up or go down. Over the long term, stocks generally rise at a nice pace. History shows they double in value every seven years or so. But in the short term, stocks are just plain wild. Over periods of days, weeks and months, no one has any idea what they will do. Still, nearly all investors think they are smart enough to divine such short-term movements. This hubris frequently gets them into trouble.” ThinkingKnowsYearsLongStillsIdeasEnoughShowsValuesTermNiceTroubleWeekMovementIgnoranceDivineMonthsPeriodsSmartSevenLong TermPaceInvestorsSeven YearsShort TermAdmittingHubris Author:James K. Glassman
“In one period the grossest ignorance and barbarism prevailed in the world; and afterwards, in a more enlightened age, the most daring infidelity, and contempt of God; so that the world which was once over-run with ignorance, now by wisdom knew not God, but changed the glory of the incorruptible God as much as in the most barbarous ages, into an image made like to corruptible man, and to birds, and four-footed beasts, and creeping things. Nay, as they increased in science and politeness, they ran into more abundant and extravagant idolatries.” MenWorldMadeRunningAgeFourChangedIgnorancePeriodsGloryBirdRanBeastEnlightenedContemptDaringInfidelityPolitenessIdolatryBarbarismExtravagant Author:William Carey
“It is said there is no happiness, and no love to be compared to that which is felt for the first time. Most persons erroneously think so; but love like other arts requires experience, and terror and ignorance, on its first approach, prevent our feeling it as strongly as at a later period.” ThinkingLoveFirstsPersonsArtSaidFeelingsFeltIgnorancePeriodsApproachFirst TimeTerrorNo Love Book:Glenarvon (1816). Source: Glenarvon (1816).
“It is confidently expected that the period is at hand, when man, through ignorance, shall not much longer inflict unnecessary misery on man; because the mass of mankind will become enlightened, and will clearly discern that by so acting they will inevitably create misery to themselves.” MenHandsActingMankindIgnorancePeriodsMassMiseryExpectedEnlightenedUnnecessary Book:First American from the third London edition Source: First American from the third London edition