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— Lord Mountbatten"As a military man who has given half a century of active service I say in all sincerity that the nuclear arms race has no military purpose. Wars cannot be fought with nuclear weapons. Their existence only adds to our perils because of the illusions they have generated. There are powerful voices around the world who still give credence to the old Roman precept - if you desire peace, prepare for war. This is absolute nuclear nonsense."
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These results add up to perhaps the most important investment lesson of all that can be drawn from this week's market anniversaries: Predicting turns in the market is incredibly difficult to do consistently well. That means that, if your investment strategy going forward is dependent on your anticipating major market turning points, your chances of success are extremely low.
— Mark Hulbert
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Pure mathematics offers no mercenary inducements to its followers, who is attracted to it by the importance and beauty of the truths in contains; and the complete absence of any material advantage to be gained by means of it, adds perhaps another charm to its study.
— James Whitbread Lee Glaisher
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