Value investing requires a great deal of hard work, unusually strict discipline, and a long-term investment horizon. Few are willing and able to devote sufficient time and effort to become value investors, and only a fraction of those have the proper mind-set to succeed.
The wealth of any ecosystem is its perennials. The primal herbivore-predator-disturbance-rest dance is literally the breath and pulse of the earth. Grasses recycle oxygen far more efficiently than trees. The turnover is faster. Grass reaches out and turns solar energy into carbon. Tillage hyper-aerates the soil, burning out carbon. But because a plant creates bilateral symmetry at the soil horizon, it sloughs off root mass when the top gets chopped off.
Therefore bivouac we On this great, blond highway, unimpeded by Veiled scruples, worn conundrums. Morning is Impermanent. Grab sex things, swing up Over the horizon like a boy On a fishing expedition.
Richmond has fallen - and I have no heart to write about it... They are too many for us. Everything lost in Richmond, even our archives. Blue-black is our horizon.
The Navy's a very gentlemanly business. You fire at the horizon to sink a ship and then you pull people out of the water and say, 'Frightfully sorry, old chap.'
I don't get what's happening to Jose Mourinho of late. He's lapsing into the kind of Portuguese moroseness you get from staring at the Atlantic horizon and imagining you're the last place in the world, while listening to endless renditions of the fado. His latest line about 'everyone hates us and we don't care' sounds like vintage Joe Kinnear in the great days of the Wimbledon Crazy Gang.
How can you shorten the subject? That stern struggle with the multiplication table, for many people not yet ended in victory, how can you make it less? Square root, as obdurate as a hardwood stump in a pasturenothing but years of effort can extract it. You can't hurry the process. Or pass from arithmetic to algebra; you can't shoulder your way past quadratic equations or ripple through the binomial theorem. Instead, the other way; your feet are impeded in the tangled growth, your pace slackens, you sink and fall somewhere near the binomial theorem with the calculus in sight on the horizon.
Oh, Constellations of the early night That sparkled brighter as the twilight died, And made the darkness glorious! I have seen Your rays grow dim upon the horizon's edge And sink behind the mountains. I have seen The great Orion, with his jewelled belt, That large-limbed warrior of the skies, go down Into the gloom. Beside him sank a crowd Of shining ones.
Cunning has only private selfish aims, and sticks at nothing which may make them succeed. Discretion has large and extended views, and, like a well-formed eye, commands a whole horizon; cunning is a kind of shortsightedness, that discovers the minutest objects which are near at hand, but is not able to discern things at a distance.
When, like an Emir of tyrannic power, Sirius appears, and on the horizon black Bids countless stars pursue their mighty track.
The Christian that is bound by his own horizon, the church that lives simply for itself, is bound to die a spiritual death and sink into stagnancy and corruption. We never can thank God enough for giving us not only a whole Gospel to believe, but a whole world to give it to.
This is the way life goes in Big Sur. Waiting for the mail, watching the sea-lions in the surf or the freighters on the horizon, sitting in the tubs at Hot Springs, once in a while a bit of drink - and, most of the time, working at what ever it is that you came here to work on, whether it be painting, writing, gardening or the simple art of living your own life.
The very foundation of private property and free contracting wears away in a nation in which its most vital, most concrete, most meaningful types of private property and free contracting disappear from the moral horizon of the people.
Songwriting is not particularly easy for me. I think it would be easy for me if I didn't have such high restrictions and feelings about what I want my music to be. I'm not precious at all when it comes to producing music and I can bring that to an artist and let them expand their horizons.
The main trouble with despair is that it is self-fulfilling. People who fear the worst tend to invite it. Heads that are down can't scan the horizon for new openings. Bursts of energy do not spring from a spirit of defeat. Ultimately, helplessness leads to hopelessness.
There are very few actresses who can grow old and still get exciting parts... I think it's very important for me to have wider horizons, rather than just waiting for calls.
William Tavener never heeded ominous forecasts in the domestic horizon, and he never looked for a storm until it broke.
The first time I ever felt the necessity or inevitableness of verse, was in the desire to reproduce the peculiar quality of feeling which is induced by the flat spaces and wide horizons of the virgin prairie of western Canada.
I am not ashamed to admit that I belong to those who fantasize that literature is capable of bringing new horizons and new perspectives--philosophical, religious, aesthetical and even social.
The essence of travel is diffuse. It is never there on the spot as it were, but always beyond: its symbol is the horizon, and its interest always lies over that edge in the unseen.
My thought is, if you're a book lover, you're going to enjoy winning a book even if it's not something you'd ordinarily pick up on your own. It's a chance to expand your horizons a little.
The fog lifted in the evening and a blue-black band at the horizon marked the end of the sea and the beginning of thought. Where does a beginning begin when nothing has gone on before?
There are some people who can never see a little cloud of fantasy float across the horizon of their dreams without building a heavy castle in the air upon it, and bringing it to earth.
History, the winnowing wind, never halts. We see the chaff rise, forget the waiting grain, seed of the future, fallen to the threshing floor. We never learn, but live on, slit-narrow, as if our living were a pencil line traced upon paper, behaving as trapped denizens of a flat world hemmed in by the bigoted horizon of our own making. Yet the meaning of living is a pushing back, a pulling down of the great walls and domes of fear and ignorance, is relinquishing the nest for the sky, ignorance for understanding. The look back is also a look forward.
I don’t know what the future of my career holds, but I know that whatever is over the horizon, the road I’ve traveled to get here is like those Interstates in Texas: everything can look the same, and it can feel like you’re not going anywhere, until you suddenly get where you’re going and realize that you’ve been traveling for a long time.
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