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Simple Quotes

“The investor has a right to expect good results to flow from a consistent and courageous application of the principle of buying after the market has declined substantially and selling after it has had a spectacular rise. But he cannot expect to reduce this principle to a simple and foolproof formula, with profits guaranteed and no anxious periods.”

“America comes with both rights and responsibilities. You have, for example, the right to free speech, but you have the responsibility to not yell 'fire' in a crowded theater. If you don't live up to that responsibility, you face certain consequences. It's a simple but effective formula. Unfortunately, tenured professors are completely insulated from it. They can scream fire in their classrooms all they want - and then hide behind their tenure if anyone questions them on it.”

“The seven white notes on the piano - each section of the piece (there are 12 sections) is five of those seven white notes. If you calculate it, there are 21 groups of five notes in any group of seven notes. And although there are 12 sections, this piece actually uses nine of those groups because some of the sections repeat earlier ones. So that's the formula. It's very simple as a way of generating something. It's my inner minimalist.”