“Ridiculous as our market volatility might seem to an intelligent Martian, it is our reality and everyone loves to trot out the 'quote' attributed to Keynes (but never documented): 'The market can stay irrational longer than the investor can stay solvent.' For us agents, he might better have said 'The market can stay irrational longer than the client can stay patient.'” SaidRealitySeemsMightIntelligentPatientRidiculousAgentsInvestorsClientsIrrationalOne LoveMartiansVolatilityKeynes Author:Jeremy Grantham
“Artists are people who are subject to irrational convictions of the sacred. Baudelaire said that an artist is a child who has acquired adult capacities and discipline. Art education should help build those capacities and that discipline without messing over the child.” PeopleShouldChildrenArtSaidHelpingArtistSubjectsDisciplineAdultsCapacitySacredConvictionInnocenceIrrationalArt EducationBaudelaire Author:Peter Schjeldahl
“The claim is also sometimes made that science is as arbitrary or irrational as all other claims to knowledge, or that reason itself is an illusion. As Ethan Allen said Those who invalidate reason ought seriously to consider whether they argue against reason with or without reason; if with reason, then they establish the principle that they are labouring to dethrone. If they argue without reason, which they must do, in order to be consistent with themselves, they are out of reach of rational conviction, nor do they deserve a rational argument.” IfsMadeSaidSometimesReasonScienceOrderPrinciplesOughtIllusionDeserveArgumentClaimsConvictionArguingRationalConsistentIrrationalArbitrary Author:Carl Sagan