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Speculation Quotes

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Speculation Quotes

“The idea for each of the stories in this book came in a moment of belief and was written in a burst of faith, happiness, and optimism. Those positive feelings have their dark analogues, however, and the fear of failure is a long way from the worst of them. The worst - for me, at least - is the gnawing speculation that I may have already said everything that I have to say, and am now only listening to the steady quacking of my own voice because the silence when it stops is just too spooky.”

“We insist on producing a farm surplus, but think the government should find a profitable market for it. We overindulge in speculation, but ask the government to prevent panics. Now the only way to hold the government entirely responsible for conditions is to give up our liberty for a dictatorship. If we continue the more reasonable practice of managing our own affairs we must bear the burdens of our own mistakes. A free people cannot shift their responsibility for them to the government. Self-government means self-reliance.”

“From the moment a New Yorker is confronted with almost any large city of Europe, it is impossible for him to pretend to himself that his own city is anything other than an unscrupulous real-estate speculation”

“We never will have any prosperity that is free from speculation till we pass a law that every time a broker or person sells something, he has got to have it sitting there in a bucket, or a bag, or a jug, or a cage, or a rat trap, or something, depending on what it is he is selling. We are continually buying something that we never get from a man that never had it.”

“Nowhere does history indulge in repetitions so often or so uniformly as in Wall Street. When you read contemporary accounts of booms or panics, the one thing that strikes you most forcibly is how little either stock speculation or stock speculators today differ from yesterday. The game does not change and neither does human nature.”

“At the beginning God said: "Let there be light," and light was, and light is, and light shall be. So Christianity is rolling on, and it is going to warm all nations, and all nations are to bask in its light. Men may shut the window-blinds so they cannot see it, or they may smoke the pipe of speculation until they are shadowed under their own vaporing; but the Lord God is a sun!”

“Near the top of the market, investors are extraordinarily optimistic because they've seen mostly higher prices for a year or two. The sell-offs witnessed during that span were usually brief. Even when they were severe, the market bounced back quickly and always rose to loftier levels. At the top, optimism is king, speculation is running wild, stocks carry high price/earnings ratios, and liquidity has evaporated. A small rise in interest rates can easily be the catalyst for triggering a bear market at that point.”

“If a powerful and benevolent spirit has shaped the destiny of this world, we can better discover that destiny from the words that have gathered up the heart's desire of the world, than from historical records, or from speculation, wherein the heart withers.”

“When scientists need to explain difficult points of theory, illustration by hypothetical example - rather than by total abstraction - works well (perhaps indispensably) as a rhetorical device. Such cases do not function as speculations in the pejorative sense - as silly stories that provide insight into complex mechanisms - but rather as idealized illustrations to exemplify a difficult point of theory. (Other fields, like philosophy and the law, use such conjectural cases as a standard device.”

“If you defend a behavior by arguing that people are programmed directly for it, then how do you continue to defend it if your speculation is wrong, for the behavior then becomes unnatural and worthy of condemnation. Better to stick resolutely to a philosophical position on human liberty: what free adults do with each other in their own private lives is their business alone. It need not be vindicated and must not be condemned by genetic speculation.”

“I believe the calculation of the quantity of probability might be improved to a very useful and pleasant speculation, and applied to a great many events which are accidental, besides those of games; only these cases would be infinitely more confused, as depending on chances which the most part of men are ignorant of.”

“We continually forget that the sphere of morals is the sphere of action, that speculation in regard to morality is but observation and must remain in the sphere of intellectual comment, that a situation does not really become moral until we are confronted with the question of what shall be done in a concrete case, and are obliged to act upon our theory.”

“Aristotle especially, both by speculation and observation... reached something like the modern idea of a succession of higher organizations from lower, and made the fruitful suggestion of "a perfecting principle" in Nature. With the coming in of Christian theology this tendency toward a yet truer theory of evolution was mainly stopped, but the old crude view remained.”

“If we choose a weak and foolish speculation as a primary textbook illustration (falsely assuming that the tale possesses a weight of history and a sanction of evidence), then we are in for trouble - as critics properly nail the particular weakness, and then assume that the whole theory must be in danger if supporters choose such a fatuous case as a primary illustration.”

“In his anti-Darwinian book... (and eponymously named The Neck of the Giraffe ), Francis Hitching tells the story... "The need to survive by reaching ever higher for food is, like so many Darwinian explanations of its kind, little more than a post hoc speculation." Hitching is quite correct, but he rebuts a fairy story that Darwin was far too smart to tell - even though the tale later entered our high school texts as a "classic case" nonetheless.”

“Avoid all refined speculations; confine yourself to simple reflections, and recur to them frequently. Those who pass too rapidly from one truth to another feed their curiosity and restlessness; they even distract their intellect with too great a multiplicity of views. Give every truth time to send down deep root into the heart.”

“Each new ontological theory, propounded in lieu of previous ones shown to be untenable, has been followed by a new criticism leading to a new scepticism. All possible conceptions have been one by one tried and found wanting; and so the entire field of speculation has been gradually exhausted without positive result: the only result reached being the negative one above stated, that the reality existing behind all appearances is, and must ever be, unknown.”

“Every man feels that perception gives him an invincible belief of the existence of that which he perceives; and that this belief is not the effect of reasoning, but the immediate consequence of perception. When philosophers have wearied themselves and their readers with their speculations upon this subject, they can neither strengthen this belief, nor weaken it; nor can they shew how it is produced. It puts the philosopher and the peasant upon a level; and neither of them can give any other reason for believing his senses, than that he finds it impossible for him to do otherwise.”

“Reading is not a straightforward linear movement, a merely cumulative affair: our initial speculations generate a frame of reference within which to interpret what comes next, but what comes next may retrospectively transform our original understanding, highlighting some features of it and backgrounding others.”

“The Master was exceedingly gracious to university dons who visited him, but he would never reply to their questions or be drawn into their theological speculations. To his disciples, who marveled at this, he said, "Can one talk about the ocean to a frog in a well or about the divine to people who are restricted by their concepts?”

“The main object of the work was to present such a survey of the advances already made in physical knowledge, and of the mode in which they have been made, as might serve as a real and firm basis for our speculations concerning the progress of human knowledge, and the processes by which sciences are formed.”

“The night ... it is filled with bestial watchmen, trammeling the extremities and the interstices of the timeless city, portents fallen, constellated deities plummeting in ash and smoke, roaming the apocryphal cities, the cities of speculation and reconstituted disorder, of insemination and incipience, swept round with the dark.”

“But, as potentially the first African American first lady, I was also the focus of another set of questions and speculations; conversations sometimes rooted in the fears and misperceptions of others. Was I too loud, or too angry, or too emasculating? Or was I too soft, too much of a mom, not enough of a career woman?”