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It is a misfortune of the times that all of us must needs be amateur economists-including, and perhaps especially, the professionals.
Speculative stock movements are carried too far in both directions, frequently in the general market and at all times in at least some of the individual issues.
Both a priori reasoning and experience teach us that as as these funds grow larger the geometrical rate of growth by compound interest ultimately defeats itself.
Worship is at heart a person offered to God, claiming no rights, making no more selfish demands than a dead man does, but living fully, richly and wholly to God and by His power.
In nine companies out of ten the factor of fluctuation has been a more dominant and important consideration in the matter of investment than has the factor of long-term growth or decline
John Howard Davies was not a very human person ... if you made a mistake of any kind, any sort of pause in speech, he would treat you rather as if he was a schoolmaster.
If every human being disappeared off the face of the earth in an instant, the earth would still keep spinning and the planet would develop new life forms.
The final result of our researches has widened the class of substances sensitive to light vibrations, until we can propound the fact of such sensitiveness being a general property of all matter.
The foundations of civilization are no stronger and no more enduring than the corporate integrity of the homes on which they rest. If the home deteriorates, civilization will crumble and fall.