“The investor is neither smart not richer when he buys in an advancing market and the market continues to rise. That is true even when he cashes in a goodly profit, unless either (a) he is definitely through with buying stocks an unlikely story or (b) he is determined to reinvest only at considerably lower levels. In a continuous program no market profit is fully realized until the later reinvestment has actually taken place, and the true measure of the trading profit is the difference between the previous selling level and the new buying level.” StoriesDifferencesLevelsTakenSmartProgramProfitDeterminedSellingBuyingInvestorsCashTradingUnlikelyAdvancingBuying Stocks Author:Benjamin Graham
“I think the Iranians are clearly determined to have a nuclear program. And we have to assume that with a nuclear program they have the capability and the will to create a nuclear weapon.” ThinkingWeaponsProgramAssumingDeterminedNuclearCapabilityNuclear Weapons Author:Colin Powell
“Failure of government programs prompts more determined effort, while the loss of liberty is ignored or rationalized away...whether is it is the war on poverty, drugs, terrorism...or the current Hitler of the day, an appeal to patriotism is used to convince the people that a little sacrifice of liberty, here or there, is a small price to pay...The results, though, are frightening and will soon become even more so.” PeopleLittlesWarGovernmentUsedLossResultsEffortPayLibertyPovertySacrificeDrugProgramCurrentsTerrorismDeterminedAppealsConvinceFrighteningIgnoredPromptsGovernment ProgramsWar On Poverty Author:Ron Paul