Tolerance will reach such a level that intelligent people will be banned from thinking so as not to offend the imbeciles.
There is no evidence Fyodor ever said this.
I think it's important to reason from first principles rather than by analogy. The normal way we conduct our lives is we reason by analogy. [With analogy] we are doing this because it's like something else that was done, or it is like what other people are doing. [With first principles] you boil things down to the most fundamental truths…and then reason up from there.
No man is more inferior than those who insist on being equal.
If I have positions going against me, I get right out; if they are going for me, I keep them Risk control is the most important thing in trading. If you have a losing position that is making you uncomfortable, the solution is very simple: Get out, because you can always get back in.
A philosopher knows that in reality he knows very little. That is why he constantly strives to achieve true insight. Socrates was one of these rare people. He knew that he knew nothing about life and about the world. And now comes the important part: it troubled him that he knew so little.
To announce that there must be no criticism of the President, or that we are to stand by the President, right or wrong, is not only unpatriotic and servile, but is morally treasonable to the American public. Nothing but the truth should be spoken about him or any one else. But it is even more important to tell the truth, pleasant or unpleasant, about him than about any one else.
The greatest and most important problems of life are all in a certain sense insoluble. They can never be solved, but only outgrown. This 'outgrowing', as I formerly called it, on further experience was seen to consist in a new level of consciousness. Some higher or wider interest arose on the person's horizon, and through this widening of view, the insoluble problem lost its urgency. It was not solved logically in its own terms, but faded out when confronted with a new and stronger life-tendency.
Creativity or talent, like electricity, is something I don’t understand but something I’m able to harness and use. While electricity remains a mystery, I know I can plug into it and light up a cathedral or a synagogue or an operating room and use it to help save a life. Or I can use it to electrocute someone. Like electricity, creativity makes no judgment. I can use it productively or destructively. The important thing is to use it. You can’t use up creativity. The more you use it, the more you have.
Great beginnings are not as important as the way one finishes.
Names are the sweetest and most important sound in any language.
What an investor needs is the ability to correctly evaluate selected businesses. Note that word “selected”: You don't have to be an expert on every company, or even many. You only have to be able to evaluate companies within your circle of competence. The size of that circle is not very important; knowing its boundaries, however, is vital.
Leave the door open for the unknown, the door into the dark. That’s where the most important things come from, where you yourself came from, and where you will go.
Taking LSD was a profound experience, one of the most important things in my life. LSD shows you that there’s another side to the coin, and you can’t remember it when it wears off, but you know it. It reinforced my sense of what was important—creating great things instead of making money, putting things back into the stream of history and of human consciousness as much as I could.
The most important publication of WikiLeaks is that it has published more than 10 million documents. The most important single collection of material we have published is the US diplomatic cable series. We started with 251,000 in 2011, but are up to 3 million now and have more coming.
Taking LSD was a profound experience, one of the most important things in my life.
The important thing is to never stop questioning. Never lose a holy curiosity.
Here and there it happened in my practice that a patient grew beyond himself because of unknown potentialities, and this became an experience of prime importance to me. I had learned in the meanwhile that the greatest and most important problems of life are all in a certain sense insoluble. They must be so because they express the necessary polarity inherent in every self-regulating system. They can never be solved, but only outgrown.
Everybody's got a different circle of competence. The important thing is not how big the circle is. The important thing is staying inside the circle.
Failing, and learning from it, is necessary. Unil you've done it, you're missing an important piece of your creative arsenal.
God does not demand that I be successful. God demands that I be faithful. When facing God, results are not important. Faithfulness is what is important.
Successes teach you nothing. Failures teach you everything. Making mistakes is the most important thing you can do.
Failure is so important. We speak about success all the time. It is the ability to resist failure or use failure that often leads to greater success. I've met people who don't want to try for fear of failing.
And then at the end of the day, the most important thing is how good are you at risk control. Ninety-percent of any great trader is going to be the risk control.
Making your unknown known is the important thing - and keeping the unknown always beyond you - catching - crystalizing your simpler clearer vision of life - only to see it turn stale compared to what you vaguely feel ahead - that you must always keep working to grasp.
The most important quality for an investor is temperament, not intellect.
