Quotes Entirely Relevant to Investing 12-30-2007

by Mr Juggles

“Which explains why the busts and reversals we deem inevitable are also the least preventable, and why they startle us, if briefly, when they come — because they were were inevitable for so long that they should have come already. That they haven’t, we reason, can mean only one of two things. Thanks to technology or some other magic, we’ve entered a new age when the laws of cause and effect (as propounded by Isaac Newton and Adam Smith) have yielded to the principle dream-and-make-it-happen (as manifested by Steve Jobs and Oprah Winfrey). Either that, or the thing that went up and up and up and hasn’t come down, though it should have long ago, is being held aloft by our decision to forget it’s up there and to carry on as though it weren’t.”
Walter Kirn in November 2007’s The Atlantic

Past Quotes Entirely Relevant to Investing

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  1. Father Teresa
    January 3rd, 2008 | 2:35 pm

    It pains me to see a post go so long uncommented-upon, unloved.

    Bless you, little post.

  2. To The Hilt
    January 4th, 2008 | 12:41 pm

    I wonder who first combined taking a crap with reading the newspaper.

    Whoever it was deserves an award of some sort. Perhaps a bronze statue of Ed Smith (NYU ’34) taking a dump, with a copy of the racing forum in his left arm, and an outstretched right arm reaching for the TP.

    Just a thought.

  3. Ignatius
    January 4th, 2008 | 3:52 pm

    It’s particularly handy when the TP runs out.

  4. Charlie McDanger
    January 5th, 2008 | 1:53 pm

    I believe the first instance was actually a mistake, and occurred during the Godzilla incident in Tokyo.

    In a way it was Columbus’ “India.”

  5. To The Hilt
    January 7th, 2008 | 10:31 am

    Okay, which Godzilla incident?

    If this is anything like Columbus, then I smell and extra day off work.

  6. Charlie McDanger
    January 7th, 2008 | 7:39 pm

    I bet that “and” is pissing you off right now. I nearly typed “Godzirra” before realizing my own mistake.

  7. Cletus
    January 8th, 2008 | 1:56 am

    Phonetically correct is correct enough.

  8. To The Hilt
    January 8th, 2008 | 11:26 am