Those of us who decided to work for democracy in Burma made our choice in the conviction that the danger of standing up for basic human rights in a repressive society was preferable to the safety of a quiescent life in servitude. Ours is a nonviolent movement that depends on faith in the human predilection for fair play and compassion.
Competing visions of the role of government and the rights of individuals exist all along the political spectrum. Most of us hold a point of view that exists somewhere between the extremes. We may grumble about taxes, but we generally support programs like veterans' benefits, Social Security, and Medicare, along with public education, environmental protection, and some sort of social safety net for the poor. We are wary of government interference with private initiative or personal belief and the excessive influence of special interests on the political system. We respect the unique power of government to meet certain social needs and acknowledge the need to limit its powers.
The first step is to take weapons off the streets and to put more police on them. The Brady Bill, which my husband signed into law in 1995, imposes a 5-day waiting period for gun purchases; time enough for authorities to check out a buyer's record and for the buyer to cool down about any conflict he might have intended the gun to resolve. Since it was enacted, more than 40,000 people with criminal records have been prevented from buying guns. The 1994 Violent Crime Control and Law Enforcement Act banned 19 types of military-style assault weapons whose only purpose is to kill people… As part of a zero tolerance policy for weapons, drugs, and other threats to the safety of teachers and students, the President signed an executive order decreeing that any student who comes to school with a gun will be expelled and punished as a condition of federal aid.
One man by delay restored the state, for he preferred the public safety to idle report.
One is not exposed to danger who, even when in safety is always on their guard.
We don't measure whether an economy is developing. We just measure whether companies are selling more, whether inventories are up or down, not whether the health, safety and economic well-being of people are being advanced.
Every step in every proud life is a run from safety to the dark, and the only thing to trust is what we think is true.
The secret of a joyful life is to live dangerously. A joyful life is an active life - it is not a dull static state of so-called happiness. Full of the burning fire of enthusiasm, anarchic, revolutionary, energetic, daemonic, Dionysian, filled to overflowing with the terrific urge to create - such is the life of the man who risks safety and happiness for the sake of growth and happiness. [quoting F. W. Sanderson]
I could give all to Time except---except
What I myself have held. But why declare
The things forbidden that while the Customs slept
I have crossed to Safety with? For I am There,
And what I would not part with I have kept.
A man of learning is never bored.
22 Investment Maxims [paraphrased] - 1. For all long-term investors, theres is only one objective— “maximum total return after taxes.”
2. Achieving a good record takes much study and work, and is a lot harder than most people think. Many people doubt that this is even possible on a consistent basis. I’m on the fence on this one. I see proof that it can be done but realize that most people won’t be able to do it.
3. It is impossible to produce a superior performance unless you do something different from the majority.
4. The time of maximum pessimism is th ebest time to buy, and the time of maximum optimism is the best time to sell. Sounds like something Warren Buffett would say.
5. To put “Maxim 4″ in somewhat different terms, in the stock market the only way to get a bargain is to buy what most investors are selling.
6. To buy when others are despondently selling and to sell wehn others are greedily buying requires the greatest fortitude, even while offering the greatest reward. This is so true.
7. Bear markets have always been temporary. Share prices turn upward from one to twelve months before the bottom of the business cycle. Bull markets are temporary too.
8. If a particular industry or type of security becomes popular with investors, that popularity will always prove temporary and, when lost, won’t return for many years. Interesting. The NASDAQ Composite Index comes to mind.
9. In the long run, the stock market indexes fluctuate around the long-term upward trend of earnings per share.
10. In free-enterprise nations, the earnings on stock market indexes fluctuate around the replacement book value of the share of the index.
11. If you buy the same securities as other people, you will have the same results as other people.
12. The time to buy a stock is when the short-term owners have finished their selling, and the time to sell a stock is often when short-term owners have finished their buying. Not quite sure how you’re supposed to know when this is.
13. Share prices fluctuate much more widely than values. Therefore, index funds will never produce the best total return performance. I always thought that this was true because the goal of the index is to capture the market’s return, minus fees.
14. Too many investors focus on “outlook” and “trends.” Therefore, more profit is made by focusing on value.
15. If you search worldwide, you will find more bargains and better bargains than by studying only one nation. Also, you gain the safety of diversification. Unless of course the nation you are studying is heavily dependent on exports to another country that is in trouble.
16. The fluctuation of share prices is roughly proportional to the square-root of the price.
17. The time to sell an asset is when you have found a much better bargain to replace it.
18. When any method for selecting stocks becomes popular, then switch to unpopular methods. As has been suggested in “Maxim 3,” too many investors can spoil any share-selection method or any market-timing formula.
19. Never adopt permanently any type of asset or any selection method. Try to stay flexible, open-minded and sekptical. Long-term top results are achieved only by changing from popular to unpopular the types of securities you favor and your methods of selection.
20. The skill factor in slection is largest for the common-stock part of your investments.
21. The best performance is produced by a person, not a committee. Interesting that he would say this.
22. If you begin with prayer, you can think more clearly and make fewer stupid mistakes.
It's not how old you are, it's how hard you work at it.
When the weather is bad as it was yesterday, everybody, almost everybody, feels cross and gloomy. Our thin linen tents, about like a fish seine, the deep mud, the irregular mails, the never to-be-seen paymasters, and "the rest of mankind," are growled about in "old-soldier" style. But a fine day like today has turned out brightens and cheers us all. We people in camp are merely big children, wayward and changeable.
To like and dislike the same things, that is indeed true friendship [what makes a solid friendship].
God, Satan, Paradise, and Hell all vanished one day in my fifteenth year, when I quite abruptly lost my faith.... Afterwards, to prove my new-found atheism, I bought myself a rather tasteless ham sandwich, and so partook for the first time of the forbidden flesh of the swine. No thunderbolt arrived to strike me down.... From that day to this I have thought of myself as a wholly secular person.
I love my liberty, and imprisonment would be, to say the least, very disagreeable to me; but there are some things that are even less desirable, among them one's loss of self-respect and the loss of inherent and lawful constitutional rights.
I think the workers understand much better than anyone else the cost of industrial war. They pay the full price.... Labor will cease to engage in contests with employers as soon as labor finds it possible to induce employers to conduct the affairs of industry on a higher plane. Labor is ever eager to substitute negotiation for contest.
In the beautiful character of the blessed Jesus there was not a more striking feature than a certain sensibility which disposed him to take part in every one’s affliction to which he was a witness, and to be ready to afford it a miraculous relief. He was apt to be particularly touched by instances of domestic distress, in which the suffering arises from those feelings of friendship growing out of natural affection and habitual endearment, which constitute the perfection of man as a social creature, and distinguish the society of the human kind from the instinctive herdings of the lower animals.
Affectation naturally counterfeits those excellencies which are farthest from our attainment, because knowing our defects we eagerly endeavor to supply them with artificial excellence.
Woe to you, my Princess, when I come... you shall see who is the stronger, a gentle girl who doesn't eat enough or a big wild man who has cocaine in his body.