βTrue story, Word of Honor:
Joseph Heller, an important and funny writer
now dead,
and I were at a party given by a billionaire
on Shelter Island.
I said, βJoe, how does it make you feel
to know that our host only yesterday
may have made more money
than your novel βCatch-22β
has earned in its entire history?β
And Joe said, βIβve got something he can never have.β
And I said, βWhat on earth could that be, Joe?β
And Joe said, βThe knowledge that Iβve got enough.β
Not bad! Rest in peace!β
β Kurt Vonnegut
βA democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship. The average age of the world's greatest civilizations has been 200 years. These nations have progressed through this sequence: From bondage to spiritual faith; From spiritual faith to great courage; From courage to liberty; From liberty to abundance; From abundance to selfishness; From selfishness to apathy; From apathy to dependence; From dependence back into bondage.β
-Alexander Fraser Tytler
βA man is like a fraction whose numerator is what he is and whose denominator is what he thinks of himself. The larger the denominator, the smaller the fraction.β
Leo Tolstoy
βIf all you succeed in doing in life is getting rich by buying little pieces of paper, itβs a failed life. Life is more than being shrewd in wealth accumulation.β
β Charlie Munger
βItβs better to hang out with people better than you. Pick out associates whose behavior is better than yours and youβll drift in that direction.β
Warren Buffett