Category: Quote of the Day

“Knowledge will forever govern ignorance; and a people who mean to be their own governors must arm themselves with the power which knowledge gives.” – James Madison

“Bottoms in the investment world don’t end with four-year lows; they end with 10- or 15-year lows.” – Jim Rogers  

“You can only fight the way you practice.” – Miyamoto Musashi

“Gold and Silver have always had value, never gone to zero. Can you say the same for stocks and bonds?” – Mark Skousen

“When some of my friends have asked me anxiously about their boys, whether they should let them hunt, I have answered yes—remembering that it was one of the best parts of my education—make a boy observe, induce him to be patient, and let him learn to notice everything in nature, and I will have laid the foundation for an excellent man.” – Thomas Jefferson

“There was a man of the Pharisees, named Nicodemus, a ruler of the Jews: The same came to Jesus by night, and said unto him, Rabbi, we know that thou art a teacher come from God: for no man can do these miracles that thou doest, except God be with him. Jesus answered and said unto him, Verily, verily, I say unto thee, Except a man be born again, he cannot see the kingdom of God. Nicodemus saith unto him, How can a man be born when he is old? can he enter the second time into his mother’s womb, …

“And Esau said, I have enough, my brother; keep that thou hast unto thyself. And Jacob said, Nay, I pray thee, if now I have found grace in thy sight, then receive my present at my hand: for therefore I have seen thy face, as though I had seen the face of God, and thou wast pleased with me. Take, I pray thee, my blessing that is brought to thee; because God hath dealt graciously with me, and because I have enough. And he urged him, and he took it. And he said, Let us take our journey, and let …

“The first rule of a happy life is low expectations. If you have unrealistic expectations, you’re going to be miserable your whole life. You want to have reasonable expectations and take life’s results, good and bad, as they happen with a certain amount of stoicism.” – The Late Berkshire Hathaway Fund Manager Charlie Munger

“The consequences of inflation are malinvestment, waste, a wanton redistribution of wealth and income, the growth of speculation and gambling, immorality and corruption, disillusionment, social resentment, discontent, upheaval and riots, bankruptcy, increased government controls, and eventual collapse.” – Henry Hazlitt

“The notion that Congress can change the meaning given a constitutional provision by the Court is subversive of the function of judicial review; and it is not the less so because the Court promises to allow it only when the Constitution is moved to the left.” – Robert Bork

“What good is the warmth of summer, without the cold of winter to give it sweetness.” – John Steinbeck, “Travels with Charley: In Search of America”

“I think part of preparedness is always being quite cognizant of just how tenuous our lives can be. We know that there is a future where we’re huddled around a campfire of burning 2×4s where the tornado took the house, where we look in the fridge and theres nothing but a box of baking soda and ketchup, where we spend hours a day looking for a job as we watch our bank accounts dwindle, where we feel unsafe, insecure, and hopeless. That’s why we prepare…to mitigate those events, to reduce our fragility, to increase our resilience. And when you’re aware …

“Brethren, if a man be overtaken in a fault, ye which are spiritual, restore such an one in the spirit of meekness; considering thyself, lest thou also be tempted. Bear ye one another’s burdens, and so fulfil the law of Christ. For if a man think himself to be something, when he is nothing, he deceiveth himself. But let every man prove his own work, and then shall he have rejoicing in himself alone, and not in another. For every man shall bear his own burden. Let him that is taught in the word communicate unto him that teacheth in …

“Woe to her that is filthy and polluted, to the oppressing city! She obeyed not the voice; she received not correction; she trusted not in the Lord; she drew not near to her God. Her princes within her are roaring lions; her judges are evening wolves; they gnaw not the bones till the morrow. Her prophets are light and treacherous persons: her priests have polluted the sanctuary, they have done violence to the law. The just Lord is in the midst thereof; he will not do iniquity: every morning doth he bring his judgment to light, he faileth not; but …

“Only in our dreams are we free. The rest of the time we need wages.” – Terry Pratchett