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October 28, 2009 – Comments (11) | RELATED TICKERS: BRK-A , LUK , DAR
Let the future tell the truth, and evaluate each one according to his work and accomplishments. The present is theirs; the future, for which I have really worked, is mine. - Nikola Tesla
I think this applies beautifully to the LTBH strategy.
What is your quote of the day?
"All glory to the Hypno Toad" - TheHypnoToad
The national budget must be balanced. The public debt must be reduced; the arrogance of the authorities must be moderated and controlled. Payments to foreign governments must be reduced. If the nation doesn't want to go bankrupt, people must again learn to work, instead of living on public assistance. – Marcus Tullius Cicero, 55 BC
Luckily we learn from history and don't have to worry about the same things people did 2055 years ago.
Ok, I've got three and they are more like quotes of the year/decade...
"Power tends to corrupt, and absolute power corrupts absolutely. Great men are almost always bad men." John Emerich Edward Dalberg Acton 1887
"The government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it." Ronald Reagan
"In the councils of government, we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the military industrial complex. The potential for the disastrous rise of misplaced power exists and will persist."Dwight D. Eisenhower, 1961
.QQQWQ 1.59 +.24
(Disclosure) GMX is long a few of these from .98.
"The name of the rose is merely a blip on an otherwise uninterrupted downward trajectory." - Sickboy in Trainspotting - a true bear quote if there ever was one.
"Do you know the only thing that gives me pleasure? It's to see my dividends coming in." -- John D. Rockefeller
“The idea that the past is prologue has been disproved time and time and time again.” -- John Bogle
“If past history was all there was to the game, the richest people would be librarians.” -- Warren Buffett
''Any time you have an opportunity to make a difference in this world and you don't, then you are wasting your time on Earth."..Roberto Clemente
THOMAS JEFFERSON, letter to Abigail Adams, 1787, who had written to him, concerned about mob violence in Massachusetts.
He responded: "The spirit of resistance to government is so valuable on certain occasions, that I wish it to be always kept alive. I like a little rebellion now and then. It is like a storm in the atmosphere".
"I have often wanted to drown my troubles, but I can't get my wife to go swimming. " Jimmy Carter
"My wife asked me for plastic surgery; I cut up her credit cards." Rodney Dangerfield
If you are playing a game of poker and you look around the table and can't tell who the sucker is, it's you. - Paul Newman
The things that will destroy America are, prosperity-at-any-price, peace-at-any-price, safety-first instead of duty-first, the love of soft living, and the get-rich-quick theory of life. Theodore Roosevelt
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