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Safety Quotes

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Safety Quotes

“No matter how careful you are, the one risk no investor can ever eliminate is the risk of being wrong. Only by insisting on what Graham called the "margin of safety" - never overpaying, no matter how exciting an investment seems to be - can you minimize your odds of error.”

“During this period Steen and Fox were killed trying a single-engine instrument approach at Moline. Then Campbell and Leatherman hit a ridge near Elko, Nevada. In both incidents the official verdict was 'pilot error,' but since their passengers, who were innocent of the controls, also failed to survive, it seemed that fate was the hunter. As it had been and would be.”

“Up until the late unpleasantness of the Civil war, then, the right of secession was more or less taken for granted in many quarters, and there has never been any amendment or even a Supreme Court decision saying it's improper. - Samual Francis, Secession May Be Legal But Not Expedient, Conservative Chronicles If there be any among us who wish to dissolve the Union or to change its republican form, let them stand undisturbed, as monuments of the safety with which error of opinion may be tolerated where reason is left free to combat it.”