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Trouble Quotes

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Trouble Quotes

“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.”

“I'm not a lawyer I'm a kind of mouthpiece/activist type, though occasionally they shave me and stuff me into my Bar Mitzvah suit and send me to a standards body or the UN to stir up trouble. I spend about three weeks a month on the road doing completely weird stuff like going to Microsoft to talk about DRM.”

“What used to be racial segregation now mirrors itself in class segregation, this great sorting (has) taken place. It creates its own politics. There are some communities where not only do I not know poor people, I don't even know people who have trouble paying the bills at the end of the month. I just don't know those people. And so there's less sense of investment in those children.”