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Speculation Quotes

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Speculation Quotes

“It is not difficult to conceive, however, that for many reasons a man writes much better than he lives. For without entering into refined speculations, it may be shown much easier to design than to perform. A man proposes his schemes of life in a state of abstraction and disengagement, exempt from the enticements of hope, the solicitations of affection, the importunities of appetite, or the depressions of fear.”

“Once upon a time, a historian told me that the most important choice a new historian could make was of his or her specialist subject. Most of the good stuff was far too overcrowded, so you had to pick about in the exotic and extinct. His recommendations were the Picts or the Minoans, because hardly anything was known about them and you could spend a happy lifetime of speculation.”

“There were moments when I wondered at the gossamer veil that stops licence from being libel. I suspect that taking on the job of England manager puts you outside the protection of the courts. It must be part of the job description that you will be held hostage by media speculation and can have your character tortured, molested and finally executed at the public whim, in exchange for a lifetime's supply of money.”

“We believe this approach (progress sharing) is a rational approach because you cooperate in creating the abundance that makes the progress possible, and then you share that progress after the fact, and not before the fact. Profit sharing would resolve the conflict between management apprehensions and worker expectations on the basis of solid economic facts as they materialize rather than on the basis of speculation as to what the future might hold.”

“There is a broad distinction between religion and theology. The one is a natural, human experience common to all well-organized minds. The other is a system of speculations about the unseen and the unknowable, which the human mind has no power to grasp or explain, and these speculations vary with every sect, age, and type of civilization. No one knows any more of what lies beyond our sphere of action than thou and I, and we know nothing.”

“Ask yourself: Am I an investor, or am I a speculator? An investor is a person who owns business and holds it forever and enjoys the returns that U.S. businesses, and to some extent global businesses, have earned since the beginning of time. Speculation is betting on price. Speculation has no place in the portfolio or the kit of the typical investor.”

“It is very rare, indeed, for men to be wrong in their feelings concerning public misconduct; as rare to be right in their speculations upon the cause of it. I have constantly observed that the generality of people are fifty years, at least, behind in their politics.”

“Motion pictures are just beginning to live up to their true potential of being immersive experience - going from beyond black and white flickering images to fully immersive 3D color high-definition. You don't even know where the real world starts and the fake world begins. And yet, none of that's going to matter unless the story and the emotions that they allow us to become invested in are something that we can recognize. Pixar is able to do this in ways that almost defies speculation.”

“Books, says Lord Bacon, can never teach us the use of books; the student must learn by commerce with mankind to reduce his speculations to practice. No man should think so highly of himself as to think he can receive but little light from books; no one so meanly, as to believe he can discover nothing but what is to be learned from them.”

“Finally, in our progress toward a resumption of work we require two safeguards against a return of the evils of the old order: there must be a strict supervision of all banking and credits and investments; there must be an end to speculation with other people's money, and there must be provision for an adequate but sound currency.”

“Philosophy is to be studied, not for the sake of any definite answers to its questions, since no definite answers can, as a rule, be known to be true, but rather for the sake of the questions themselves; because these questions enlarge our conception of what is possible, enrich our intellectual imagination and diminish the dogmatic assurance which closes the mind against speculation; but above all because, through the greatness of the universe which philosophy contemplates, the mind is also rendered great, and becomes capable of that union with the universe which constitutes its highest good.”

“[W]e think the very term 'value investing' is redundant. What is 'investing' if it is not the act of seeking value at least sufficient to justify the amount paid? Consciously paying more for a stock than its calculated value -- in the hope that it can soon be sold for a still-higher price -- should be labeled speculation (which is neither illegal, immoral nor -- in our view -- financially fattening).”

“From the dawn of exact knowledge to the present day, observation, experiment, and speculation have gone hand in hand; and, whenever science has halted or strayed from the right path, it has been, either because its votaries have been content with mere unverified or unverifiable speculation (and this is the commonest case, because observation and experiment are hard work, while speculation is amusing); or it has been, because the accumulation of details of observation has for a time excluded speculation.”

“If one looks into the genealogies of many 'old families,' one discovers episodes of slave trafficking, bootlegging, gun running, opium trading, falsified land claims, violent acquisition of water and mineral rights, the extermination of indigenous peoples, sales of shoddy and unsafe goods, public funds used for private speculations, crooked deals in government bonds and vouchers, and payoffs for political favors.”

“The language we're exchanging, the fillings in our teeth, the pavement on the road outside, everywhere you look, for better or for worse, you're going to see evidence that accepting reality is not a human's tendency, and not what we're good at, and not, in my speculation, what God or Natural Selection hired us to do. We've been hired, by this universe, to dream, to aspire, to make things that weren't real real - and because that involves a lot of failure, we're damn good at doing that, too.”

“Knighterrantry is a most chuckleheaded trade, and it is tedious hard work, too, but I begin to see that there is money in it, after all, if you have luck. Not that I would ever engage in it, as a business, for I wouldn't. No sound and legitimate business can be established on a basis of speculation. A successful whirl in the knighterrantry line--now what is it when you blow away the nonsense and come down to the cold facts? It's just a corner in pork, that's all.”