As Buffett has often observed, value investing is not a concept that can be learned and gradually applied over time. It is either absorbed and adopted at once, or it is never truly learned.
In the founders of great families, titles or attributes of honor are generally correspondent with the virtues of the person to whom they are applied; but in their descendants they are too often the marks rather of grandeur than of merit. The stamp and denomination still continue, but the intrinsic value is frequently lost.
Eradications are special. Zero is a magic number. You either do what it takes to get to zero and you're glad you did it; or you get close, give up and it goes back to where it was before, in which case you wasted all that credibility, activity, money that could have been applied to other things.
Achievement does not require extraordinary ability. Achievement comes from ordinary abilities applied with extraordinary persistence.
Knowledge isn't power, applied knowledge is power
There is no universal template that can be applied to everybody. So everyone kind of enter the process in their own way, on their own time.
During the last regular session and the most recent special session, measures that I see as little more than Band-Aids were applied to three health programs in the state.
In all societies that have applied a form of socialism, a certain degree of social economic equality has been achieved.
I'm very leery of show business, having been in Los Angeles for the last 10 years. Buzz is a dangerous thing that I've heard applied to a lot of people that I've since not heard of again.
They had applied their doubts to the very head that had introduced doubt as a tool for advancing knowledge. And in the end they gave the head a nod.
It boils down to studenthood-in-perpetuity curiosity-in-perpetuity applied fanatic restlessness. That is, a belief that life is ONE BIG LEARNING EXPERIENCE. Something mysterious happens to a curious, fully engaged mind - and it happens as often as not, subconsciously. Strange little sparks are set off, connections made, insights triggered. The results: an exponentially increased ability to tune up reinvent WOW-ize today's project at work.
Finance ministers must realize that the health budget can save them money if it's applied well.
Chairman Mao creatively applied Marxism-Leninism to every aspect of the Chinese revolution, and he had creative views on philosophy, political science, military science, literature and art, and so on. Unfortunately, in the evening of his life, particularly during the "Cultural Revolution", he made mistakes - and they were not minor ones - which brought many misfortunes upon our Party, our state and our people.
Wisdom: Knowledge rightly applied. We assimilate lots of knowledge. Whether or not we do anything with that knowledge is a measure of our wisdom. That implies some change. . . and change can be difficult.
My advice is really this: what we hear the philosophers saying and what we find in their writings should be applied in our pursuit of the happy life. We should hunt out the helpful pieces of teaching and the spirited and noble-minded sayings which are capable of immediate practical application-not far far-fetched or archaic expressions or extravagant metaphors and figures of speech-and learn them so well that words become works.
Egalitarians create the most dangerous inequality of all - inequality of power. Allowing politicians to determine what all other human beings will be allowed to earn is one of the most reckless gambles imaginable. Like the income tax, it may start off being applied only to the rich but it will inevitably reach us all.
Wisdom is knowledge applied. Head knowledge is useless on the battlefield. Knowledge stamped on the heartmmakes one wise
If all people are unique, and if they are constantly changing each and every day, then all one can say about any social research finding is that it applied to that group of people on that given day, and given the propensity of humans to be different and to change, then it is unlikely that one would get the same results if one were to repeat the study.
The last job I applied for was to be a bus driver for the Chicago Transit Authority in 1957.
Every child should have an occasional pat on the back as long as it is applied low enough and hard enough.