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— Bill Cosby"What best defines a child is the total inability to receive information from anything not plugged in."
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May we not then sometimes define insanity as an inability to distinguish which is the waking and which the sleeping life? We often dream without the least suspicion of unreality: 'Sleep hath its own world', and it is often as lifelike as the other.
— Lewis Carroll
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It is obvious that the performance of a stock last year or last month is no reason, per se, to either own it or to not own it now. It is obvious that an inability to "get even" in a security that has declined is of no importance. It is obvious that the inner warm glow that results from having held a winner last year is of no importance in making a decision as to whether it belongs in an optimum portfolio this year.
— Warren Buffett
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