Nov 19, 2017

Jeremy Grantham on climate change

Carbon dioxide is going up at an increasing rate, with the three biggest increases occurring in the last three years; the climate is warming at an increasing rate; and the water is warming at an increasing rate; and therefore, the level at which oceans are rising is increasing at an accelerating rate. It’s one thing for the world to be deteriorating, but deteriorating at an increasingly fast rate is particularly dangerous and scary.

~ Jeremy Grantham, "Jeremy Grantham Combats Climate Change, Barron's, October 7, 2017

Nov 6, 2017

Kyle Bass on the long/short investment process

I love being long human ingenuity and short financial innovation.

~ Kyle Bass, video at 20:45 mark: "My investment lessons from the school of hard knocks," September 7, 2017

Nov 4, 2017

William Galston on avoiding poverty

You need only do three things in this country to avoid poverty - finish high school, marry before having a child, and marry after the age of 20. Only 8 percent of the families who do this are poor; 79 percent of those who fail to do this are poor.

~ William Galston

Warren Buffett on learning from experience

When people tell me they've learned from experience, I tell them the trick is to learn from other people's experience.

~ Warren Buffett

Oct 30, 2017

Kurt Vonnegut on insanity

A sane person to an insane society must appear insane.

~ Kurt Vonnegut

Oct 28, 2017

Ralph Waldo Emerson on kindness

You cannot do a kindness too soon, for you never know how soon it will be too late.

~ Ralph Waldo Emerson

Oct 18, 2017

Marc Faber on freedom of speech and press

If you have to live in a society where you cannot express your views and your views are immediately condemned without further analysis and analysis of the context in which [they’re written] — if you can’t live with that, then it is a sad state of where freedom of the press and freedom of expression have come.

~ Marc Faber, quoted in "Faber says U.S. wouldn’t have made as much ‘progress’ if colonized by blacks," MarketWatch.com, October 18, 2017