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Theory Quotes

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Theory Quotes

“Berkshire's whole record has been achieved without paying one ounce of attention to the efficient market theory in its hard form. And not one ounce of attention to the descendants of that idea, which came out of academic economics and went into corporate finance and morphed into such obscenities as the capital asset pricing model, which we also paid no attention to. I think you'd have to believe in the tooth fairy to believe that you could easily outperform the market by seven-percentage points per annum just by investing in high volatility stocks.”

“One has to spend so many years in learning how to be happy. I am just beginning to make some progress in the science, and I hope to disprove Young's theory that "as soon as we have found the key of life it opes the gates of death." Every year strips us of at least one vain expectation, and teaches us to reckon some solid good in its stead. I never will believe that our youngest days are our happiest. What a miserable augury for the progress of the race and the destination of the individual if the more matured and enlightened state is the less happy one!”

“Singularity theory is something that I do believe will come to pass, sooner or later, although whether or not in our lifetime I don't know, and I'm not sitting around waiting for my father to be resurrected. Readers probably have the impression from the book that I'm a lot more a of a techno kook than I actually am. It became a convenient fulcrum in the story, sort of a kaleidoscope through which to address religious and spiritual questions.”

“I don't believe in the theory that the United States is reducing its presence in the Middle East. Quite the contrary, in the Gulf, we see an increase in American military presence, as well as an increase in American investments. The argument is more accurate when one says America is focusing more attention to the Far East. But I don't believe it comes at the expense of the Middle East.”

“I believe we should really take our own phenomenology more seriously. What a good theory of conscious must explain is the variance in this subjective sense of realness: There clearly is a phenomenology of "hyperrealness", for example during religious experiences or under the influence of certain psychoactive substances.”

“Henceforth, whilst there are a great many theories and models proposed as to how, or why, magic works (based on subtle energies, animal magnetism, psychological concepts, quantum theory, mathematics or the so-called anthropomorphic principle) it is not a case that one of them is more 'true' than others, but a case of which theory or model you choose to believe in, or which theory you find most attractive. Indeed, from a Chaos Magic perspective, you can selectively believe that a particular theory or model of magical action is true only for the duration of a particular ritual or phase of work.”

“[Donald] Trump and all the Republicans believe in the theory of trickle down economics which is a theory discredited even by the author himself David Stockton. The theory suggests that if we take care of the people at the top, if we cut taxes for the wealthy, if we make sure they are doing really well, then the investments that they make in the economy and the jobs that will create, will make everything grow and it will have a trickle down effect on the rest of us.”

“Some of Kant's particular moral opinions, either because he shared the prejudices of his time, or because of his own personal crotchets, can strike sensible people as ridiculous or offensive. But in my view, his own theory provides us with the resources (the best resources available, I believe) to correct his own personal errors or cultural prejudices.”

“The indispensability argument says (roughly) that if you have ample reason to accept an empirical scientific theory that makes indispensable use of mathematics, and that theory entails that numbers exist, then you have ample reason to accept that numbers exist. The argument affirms the antecedent of this conditional, and concludes that you have ample reason to believe that numbers exist. What is striking about this argument is that it seems to show that the empirical reasons that suffice for accepting a scientific theory also suffice for accepting a metaphysical claim.”

“The other theory of the case - and it`s not just one that people opposed to him politically believe, but also people who share the Republican Party`s beliefs or conservative, but don`t like Donald Trump, is that he`s fundamentally a narcissist who has become addicted to the attention, is sort of compulsively driven by attention, and this has given him an outlet for that attention, and crucially doesn`t actually care about the party that he is nominally representing.”