“... skepticism about past returns is crucial. The truth is, much as you may wish you could know which funds will be hot, you can't - and neither can the legions of advisers and publications that claim they can. That's why building a portfolio around index funds isn't really settling for average. It's just refusing to believe in magic.” KnowsBelieveMayPastWishMagicBuildingReturnTruth IsClaimsHotInvestingAverageSettlingFundCrucialSkepticismWish YouPublicationAdviserLegionPortfoliosIndex Funds Author:Bethany McLean
“You cannot walk away. The truth is that there is no magic way that you can say to your partners, "You are going to continue paying us the money and we will not keep our part of the deal." This is not possible around the world. It is good to hear it.” WorldWayWalksDealsMagicTruth IsPartnersAround The World Author:Dora Bakoyannis
“The government pretends to be endowed with the mystical power to accord favors out of an inexhaustible horn of plenty. It is both omniscient and omnipotent. It can by a magic wand create happiness and abundance. The truth is the government cannot give if it does not take from somebody.” IfsGivingDoeGovernmentMagicTruth IsFavorsPlentyAbundanceMysticalHornsAccordWandsOmnipotentOmniscientMagic Wands Book:Bureaucracy: The Economist Source: Bureaucracy: The Economist
“We wish that we could take magic drugs, play around all day, read, and do nothing strenuous, and be the smartest, happiest people in the world. The truth is, it's all about sweat.” PeopleWorldPlayWishMagicTruth IsDrugSweat Author:Wayne Coyne
“I have always known that there were spellbinding evil parts for women. For one thing, I was taken at an early age to see Snow White and the Seven Dwarfs. Never mind the Protestant work ethic of the dwarfs. Never mind the tedious housework-is-virtuous motif. Never mind the fact that Snow White is a vampire -- anyone who lies in a glass coffin without decaying and then comes to life again must be. The truth is that I was paralysed by the scene in which the evil queen drinks the magic potion and changes her shape. What power, what untold possibilities!” MindFactsAgeLyingEvilWhiteKnownTakenMagicOne ThingPossibilityDrinkTruth IsSceneShapesEthicsSevenGlassesSnowVampireQueensVirtuousWork EthicTediousProtestantsCoffinsHouseworkDwarfsSnow WhiteMotifsProtestant Work Ethic Book:Curious Pursuits: Occasional Writing Source: Curious Pursuits: Occasional Writing