Investing is the greatest business in the world because you never have to swing. You stand at the plate; the pitcher throws you General Motors at 47! U.S. Steel at 39! And nobody calls a strike on you. There's no penalty except opportunity. All day you wait for the pitch you like; then, when the fielders are asleep, you step up and hit it.
The most degrading of human passions is the fear of death. It tears away the restraints and the conventions which alone make social life possible to man; it reveals the brute in him which underlies them all. In the desperate hand-to-hand struggle for life there is no element of nobility. He who is engaged upon it throws aside honor, he throws aside self-respect, he throws aside all that would make victory worth having - he asks for nothing but bare life.
<< previousnext >>