If you are honest, hardworking, reasonably intelligent and have good common sense, you can do well in the investment field as long as you are not too greedy and don't get too emotional when things go against you.
The decay of old aristocratic prejudices against greedy speculation, the undermining of orthodox Christian faith (which forbids avarice)... the debauching of agriculture to a gross money-getting concern: these particular aspects of a vast and voracious concentration upon profits are so many illustrations of our sinning confusion of values.
Capitalism, gaudy and greedy, has been inherent in western aesthetics from ancient Egypt on. It is the mysticism and glamour of things , which take on a personality of their own. As an economic system, it is in the Darwinian line of Sade, not Rousseau.
Plato assumes somehow that government is a way in which you put unselfish and ungreedy men in charge of selfish and greedy men. But government is an institution whereby the people who have the greatest drive to get power over their fellow men, get in a position of controlling them. Look at the record of government. Where are these philosopher kings that Plato supposedly was trying to develop?
The government satirizes itself. All we can wish is that there will be a large number of Americans who will realize how dumb this all is, and how greedy and how vicious. Such an audience is dwindling all the time because of TV.
My idea of an actor is to be different persons with different roles. Every time a script interests me, I look for interesting characters because I intend to completely transport myself into it. This happens only because I am a very greedy actor. I am not part of the rat race because I am living a dream.
I don't doubt that every prince would like to be both; but since it is hard to accomodate these qualities, if you have to make a choice, to be feared is much safer than to be loved. For it is a good general rule about men, that they are ungrateful, fickle, liars, and deceivers, fearful of danger and greedy for gain....[love] is a link of obligation which men, because they are rotten, will break anything they think doing so serves their advantage; but fear involves dread of punishment, from which they can never escape.
Trading is a small part of the work of the stock exchanges. They are really to do with financial speculation, and they speculate on the value of the yen, the dollar, the pound, the franc, or the euro, at any given time. Billions are lost and billions are made by this speculation, and that's what the stock exchanges are about. They are for greedy minds.
Not all animal brides are doomed. Not all men are greedy or violent or possessive.
Many fairy tales and ballads present us with animals who are nobler, truer, and kinder than the greedy human beings who desire to possess them. I guess I tend to read these stories as very early (and possibly unconscious) feminist texts.
You have to be able to decide, 'Well no, I'm not going to be violent, I'm going to suppress that impulse; I'm not going to be greedy.' Unless you're able to do that you're stuck with adversarial politics that leads nowhere and creates ever greater violence.
When greedy people are given gold, they are bitter that they haven't gotten jewels; when they are made barons they are resentful that they haven't been made lords. Though powerful and rich, their attitude is that of beggars. For those who know how to be content, simple fare is more delicious than rich delicacies, a cloth coat is warmer than fox fur, and an ordinary citizen does not defer to a king or a lord.
The realms of good fortune and calamity in human life are all made of thoughts and imaginings. Therefore Buddhists say that the burning of desire for gain is itself a pit of fire, while drowning in greedy love is itself a bitter sea. The moment thoughts are pure, fierce flames become a pond; the moment you become aware, the boat has arrived on the further shore. If your thoughts vary at all, your world will immediately differ, so can we not be careful?
Greedy bankers trashing the economy are to blame, not migrants.
I think people are inherently self-aggrandizing, pleasureseeking, unempathetic, self-serving, greedy and lustful.
Marketers keep inventing desires, necessities for you and for me. I need this. I need that. I need. I need. It's the need of a smoking fit. If you don't smoke that cigarette now, you'll die - when in reality you die because you succumb to the rage and rattle of the needy greed that keeps you busy needing more and more things. Is this the American Dream - the greedy need?
I wanted to resign from the planet, not just music. It stopped being fun with success. Money got in the way. Everybody got greedy, including me. Fear set in. I got miserable when I became a commodity.
I'm not greedy. I have love, blue skies, rainbows and Hallmark cards and that has to be enough. It has to be enough, but it's everything in the world and everything in the world is plenty for me. It seems just rude to beg the invisible for more.
Religion looks forward to the destruction of the world.... Perhaps half aware that its unsupported arguments are not entirely persuasive, and perhaps uneasy about its own greedy accumulation of temporal power and wealth, religion has never ceased to proclaim the Apocalypse and the day of judgment.
At school, even in kindergarten, you teach us how to behave in the world. You teach us to not fight with others, to work things out, to respect others, to clean up our mess, not to hurt other creatures, to share - not be greedy: then why do you go out and do the things you tell us not to do?
To finance 'entitlement' programs, the government threatens force against the taxpayers who provide the money. Why are people who favor compulsion called humanitarians, while those who favor freedom are stigmatized as greedy?
Value investors have to be patient and disciplined, but what I really think is you need not to be greedy. If you're greedy and you leverage, you blow up. Almost every financial blow up is because of leverage.
But in the financial markets, without proper institutional rules, there's the law of the jungle - because there's greed! There's nothing wrong with greed, per se. It's not that people are more greedy now than they were 20 years ago. But greed has to be tempered, first, by fear of losses. So if you bail people out, there's less fear. And second, b prudential regulation and supervision to avoid certain excesses.
The 80s and 90s were the beginning of the hollowing out of the American little democracy. It started with Reagan and went to Bill NAFTA Clinton! Hey, but who's paying attention to history!? What's stunning is how many people think Trump is the beginning of fascism. He's the result of many, many years of corporate plunder and spineless Democrats and greedy, racist Republicans. The concentration of wealth, the monopolized media, basically a march toward a fractured Republic. We are broken!
My best advice to individual investors can readily be summed up into two closely linked precepts. Be patient and don't be greedy.
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