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Position Quotes

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Position Quotes

“COMMITMENT is the first step to every good thing I know, and the only step that matters when it comes to achievement. It inspires and attracts people, shows them you have conviction and goals, that you are focused and determined. And the commitment that is based on values will endure. Any time you make choices based on solid life values, you are in a better position to sustain your level of commitment, because you don't have to continually re-evaluate its importance.”

“A price decline is of no real importance to the bona fide investor unless it is either very substantial say, more than a third from cost or unless it reflects a known deterioration of consequence in the company's position. In a well-defined bear market many sound common stocks sell temporarily at extraordinary low prices. It is possible that the investor may then have a paper loss of fully 50 per cent on some of his holdings, without any convincing indication that the underlying values have been permanently affected.”

“Philosophy is the science of estimating values. The superiority of any state or substance over another is determined by philosophy. By assigning a position of primary importance to what remains when all that is secondary has been removed, philosophy thus becomes the true index of priority or emphasis in the realm of speculative thought.”

“According to our social science, we can be or become wise in all matters of secondary importance, but we have to be resigned to utter ignorance in the most important respect: we cannot have any knowledge regarding the ultimate principles of our choices, i.e. regarding their soundness or unsoundness... We are then in the position of beings who are sane and sober when engaged in trivial business and who gamble like madmen when confronted with serious issues.”

“I think that we're always gonna be in a position as Republicans and as conservatives where we gotta be willing to stand up for our conservative values. And certainly, you know, at the top of that list is a strong national defense, the importance of a United States military that is superior to all others in the world.”