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— Charlie Munger"It's in the nature of stock markets to go way down from time to time. There's no system to avoid bad markets. You can't do it unless you try to time the market, which is a seriously dumb thing to do. Conservative investing with steady savings without expecting miracles is the way to go."
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I would never speculate on the limit. Every time you speculate, you're way too conservative
— John Warnock
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The conservative "thinks of political policies as intended to preserve order, justice, and freedom. The ideologue, on the contrary, thinks of politics as a revolutionary instrument for transforming society and even transforming human nature. In his march toward Utopia, the ideologue is merciless.
— Russell Kirk
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