“In the stock market (as in much of life), the beginning of wisdom is admitting your ignorance. One of the many things you cannot know about stocks is exactly when they will up or go down. Over the long term, stocks generally rise at a nice pace. History shows they double in value every seven years or so. But in the short term, stocks are just plain wild. Over periods of days, weeks and months, no one has any idea what they will do. Still, nearly all investors think they are smart enough to divine such short-term movements. This hubris frequently gets them into trouble.” ThinkingKnowsYearsLongStillsIdeasEnoughShowsValuesTermNiceTroubleWeekMovementIgnoranceDivineMonthsPeriodsSmartSevenLong TermPaceInvestorsSeven YearsShort TermAdmittingHubris Author:James K. Glassman
“I am not sure that Christ would have been very satisfied to foresee that He would be looked upon principally as a redeemer and nailed forever upon the cross by human ignorance. It seems to me that He above all desired to bring men a message of truth, that He wanted to heal them of their faults by making an appeal to all their energy; He shook them as much as He could, He did not seek to spare them the trouble.” MenHumansHas BeensSeemsWould BeWantedEnergyChristForeverTroubleIgnoranceMessagesCrossesFaultsHealSatisfiedAppealsNot SureSparesRedeemer Book:The Very Rich Hours of Adrienne Monnier Source: The Very Rich Hours of Adrienne Monnier