I reproach myself for a gross error. But I would reproach myself more if I had persisted in an error after observations revealed it clearly to be that. I made a deal of money in the late 1940s on the bull side, ignoring Satchel Paige's advice to Lot's wife, "Never look back.” Rather I would advocate Samuelson's Law: "Always look back. You may learn something from your residuals. Usually one's forecasts are not so good as one remembers them; the difference may be instructive.” The dictum "If you must forecast, forecast often,” is neither a joke nor a confession of impotence. It is a recognition of the primacy of brute fact over pretty theory. That part of the future that cannot be related to the present's past is precisely what science cannot hope to capture. Fortunately, there is plenty of work for science to do, plenty of scientific tasks not yet done.
Paul SamuelsonRelated topics
advice bull deal dictum difference done error future good hope instructive joke late law learn money nor past plenty pretty primacy satchel science side something wife work yet 1940sRelated quotes
...yet we are told that this great nation, with such a record of splendid achievements in the past and in the present, is unfit to make its own laws, is unfit to control its own finance, and that it is to be placed as if it were a nation of children or lunatics, under the tutelage and guardianship of some other body-and what body? Who are the guardians of this mighty people? Who are they? With all respect, I shall have to make exceptions; but I am speaking of them as a whole. ... They are men who have neither the training, the qualifications, nor the experience which would fit them for such a gigantic task. They are men whose sole qualification-speaking in the main, and for the majority of them-they are simply men whose sole qualification is that they are the first born of persons who had just as little qualification as themselves.
David Lloyd George
Today's looting and acts of violence in Baltimore will not be tolerated. In response, I have put the Maryland National Guard on alert so they can be in position to deploy rapidly as needed. I strongly condemn the actions of the offenders who are engaged in direct attacks against innocent civilians, businesses and law enforcement officers. There is a significant difference between protesting and violence and those committing these acts will be prosecuted under the fullest extent of the law.My thoughts and prayers go out to the men and women in uniform who are actively working to stem this violence and several who been injured in the line of duty. These malicious attacks against law enforcement and local communities only betray the cause of peaceful citizens seeking answers and justice following the death of Freddie Gray.
Larry Hogan
True Religion does not manifest itself outwardly, and impels man to no course of external conduct which he would not otherwise have adopted, but that it only completes his true In ward Being and Dignity. It is neither an Action, nor an incentive to Action, but a Thought:-it is LIGHT, and the One True Light, which bears within it all Life and all the forms of Life, and pervades their innermost substance. Once arisen, this Light flows on spontaneously forever, spreading itself forth without term or limit;-and it is as idle to bid it shine, as it would be to address such a command to the material sun when it stands in the noon-day heavens. It does this without our bidding; and if it shine not, then has it not arisen. At its uprising, Darkness, and the brood of spectres and phantasms which are born of Darkness, vanish of themselves.
Johann Gottlieb Fichte
Ancient scriptures tell us that man is more than the physical body. In fact, we have two bodies: the physical and the astral, or subtle. But we are the soul! According to the ancient Vedic scriptures of India, the size of the soul is 1/10,000 the tip of a strand of hair. It is located in the heart region and is the actual life force. The physical, as well as the astral or subtle body, acts as a covering or costume that the soul wears in its journey throughout the material sphere. As we pass from costume to costume or from body to body through the process known as reincarnation, the impressions of previous lives imprint themselves on the subtle body and are carried with us during each lifetime. In the dream state, activity in the subtle body becomes more dominant than activity in the physical body. Our dream experiences are often impressions accumulated from many lifetimes.
Bhakti Tirtha Swami
I gave up on this stuff. I gave up on my species and ... I gave up on my countrymen. Because I think we squandered great gifts. I think humans were given great great gifts: walking upright, binocular vision, opposable thumb, large brain ... We grew. We had great gifts, and we gave it all up for both money and God ... We gave it all up to superstition, primitive superstition, primitive shit ... Invisible man in the sky, looking down, keeping track of what we do, make sure we don't do the wrong thing, if we do, he puts us in hell, where we burn forever. That kind of shit is very limiting for this brain we have. So we keep ourselves limited. And then we want a toy and a gizmo and gold and we want shiny things, and we want something to plug in that will make big big big things for us... And all that shit is nothing! It's nothing.
George Carlin