Majors Quotes - Page 20

• From a strictly economic point of view, buying gold in a major inflation and holding it probably presents the least risk of capital loss of any investment or speculation.

  Henry Hazlitt

  Loss, Views, Risk

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• The major asset in this category is gold, currently a huge favorite of investors who fear almost all other assets, especially paper money (of whose value, as noted, they are right to be fearful). Gold, however, has two significant shortcomings, being neither of much use nor procreative. True, gold has some industrial and decorative utility, but the demand for these purposes is both limited and incapable of soaking up new production. Meanwhile, if you own one ounce of gold for an eternity, you will still own one ounce at its end.

  Warren Buffett

  Two, Gold, Use

  "Berkshire’s Corporate Performance vs. the S&P 500". www.berkshirehathaway.com. 2012.

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• Gold, unlike all other commodities, is a currency...and the major thrust in the demand for gold is not for jewelry. It's not for anything other than an escape from what is perceived to be a fiat money system, paper money, that seems to be deteriorating.

  Alan Greenspan

  Gold, Paper, Demand

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• Balance of light is the problem, not the amount. Balance between shadows and highlights determines where the emphasis goes in the picture...make sure the major light in a picture falls at right angles to the camera.

  Elliott Erwitt

  Photography, Fall, Light

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• If, as I suspect, the American consumer now enters a sustained slowdown, there will be unmistakable reverberations on U.S.-centric export flows in many major regions of the world.

  Stephen S. Roach

  World, Flow, Consumers

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• We are inheriting the worst financial system since the Depression. We're inheriting a situation - when people go back and study major banking crises a quarter century from now, the one that America developed in 2007 and 2008 is going to be one of those crises.

  Lawrence Summers

  Banking Crisis, America, People

  "Larry Summers on 'FOX News Sunday'". "FOX News Sunday" with Chris Wallace, www.foxnews.com. February 8, 2009.

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• It can be argued - and rightly - that Taiwan is not just another regional issue: after all, the Chinese regard it as part of China. But Taiwan is also a regional issue for three reasons. First, the overthrow or even the neutering of democracy in Taiwan, which is what Beijing effectively demands, would be a major setback for democracy in the region as a whole. Second, if the Chinese were able to get their way by force in Taiwan, they would undoubtedly be tempted to do the same in other disputes. And third, there is no lack of such disputes to provoke a quarrel.

  Margaret Thatcher

  Issues, Chinese, Democracy

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• Rogue states never turn out to be quite the pariahs they are deemed. They are only able to cause, or at least threaten to cause, mayhem because they enjoy the covert support - usually by means of technology transfers - of one or more major powers within the charmed circle of global 'good guys'.

  Margaret Thatcher

  Mean, Technology, Circles

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• Major international interventions are doomed unless the US is directly or indirectly involved. But if American politicians, officials and servicemen are to be put at risk of arrest and prosecution, the United States will be most reluctant to act in order to curb aggression or prevent genocide. So the effect of the court may well be to diminish, not increase, the numbers of (in the words of the UN Secretary General) 'innocents of distant wars and conflicts'.

  Margaret Thatcher

  War, Order, Numbers

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• Abortion politics have distracted all sides from what is really essential: a major aid campaign to improve midwifery, prenatal care and emergency obstetric services in poor countries.

  Nicholas D. Kristof

  Country, Abortion, Literature

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• There is an element of anger among women who've been raped. There's certainly a major element of humiliation. But it really does seem like a medical condition of shock and horror.

  Nicholas D. Kristof

  Anger, Doe, Elements

  "Nicholas Kristof: The Crisis of Our Times". Interview with Joel Whitney, www.guernicamag.com. June 28, 2005.

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• Vanity Fair has but two major articles in its editorial creed: first, to believe in the progress and promise of American life, and, second, to chronicle that progress cheerfully, truthfully, and entertainingly.

  Frank Crowninshield

  Believe, Two, Vanity

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• This mindless tolerance, which places observable scientific facts, subject to proof, on the same level as unprovable supernatural fantasy, has played a major role in the resurgence of both anti-intellectualism and anti-rationalism.

  Susan Jacoby

  Tolerance, Roles, Levels

  FaceBook post by Susan Jacoby from Aug 27, 2013

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• After forty years of intensive research on school learning in the United States as well as abroad, my major conclusion is: What any person in the world can learn, almost all persons can learn if provided with appropriate prior and current conditions of learning.

  Benjamin Bloom

  School, Years, World

  Benjamin Samuel Bloom, Lauren A. Sosniak (1985). “Developing talent in young people”

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• Hard to be a physics major at Rice University if you have flunked calculus.

  Elizabeth Moon

  Physics, Calculus, University

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• We were one of the first states to move most of our email into the cloud. That's gone really, really well; I think it's exceeded expectations. When we think about doing major information technology projects in this state, the default is cloud.

  Mike Powell

  Moving, Technology, Thinking

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• It is time to stop looking outside yourself for the answers to why you haven't created the life and results you want, for it is you who creates the quality of life you lead and the results you produce. You-no one else! To achieve major success in life-to achieve those things that are most important to you-you must assume 100% responsibility for your life. Nothing less will do.

  Jack Canfield

  Responsibility, Important, Quality

  Jack Canfield, Janet Switzer (2009). “The Success Principles(TM)”, p.4, Harper Collins

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• Another picture I hope to be remembered by is this one of the drum major rehearsing at the University of Michigan. It was early in this morning, and I saw a little boy running after him, all the faculty children in the playing field ran after the boy, and I ran after them. This is a completely spontaneous, unstaged picture.

  Alfred Eisenstaedt

  Running, Morning, Children

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• Hamilton had one of those extraordinary 18th-century minds that touched on virtually every major topic of the day.

  Ron Chernow

  Mind, Topics, Century

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• A scientist is no more a collector and classifier of facts than a historian is a man who complies and classifies a chronology of the dates of great battles and major discoveries.

  Peter Medawar

  Men, Discovery, Battle

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• Purdom has created a major body of work. Thoughtful, humane, intelligent, extrapolative, involving, his stories are exactly the sort of thing our genre exists to make possible. If you don't like Tom Purdom, you don't like science fiction. Period.

  Michael Swanwick

  Thoughtful, Intelligent, Fiction

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• More and more major businesses and industries are being run on software and delivered as online services - from movies to agriculture to national defense.

  Marc Andreessen

  Running, Agriculture, Defense

  "Why Software Is Eating The World" by Marc Andreessen, www.wsj.com. August 20, 2011.

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• Today's stock market actually hates technology, as shown by all-time low price/earnings ratios for major public technology companies

  Marc Andreessen

  Hate, Technology, All Time Low

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• More and more major industries are being run on software and delivered as online services—from movies to agriculture to national defense. Many of the winners are Silicon Valley-style entrepreneurial technology companies that are invading and overturning established industry structures. Over the next 10 years, I expect many more industries to be disrupted by software, with new world-beating Silicon Valley companies doing the disruption in more cases than not.

  Marc Andreessen

  Running, Technology, Agriculture

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• Development requires major source of unfreedom: poverty as well as tyranny, poor economic opportunities as well as systematic social deprivation, neglect of public facilities as well as intolerance or overactivity of repressive states.

  Amartya Sen

  Opportunity, Development, Systematic

  Amartya Sen (2011). “Development as Freedom”, p.3, Anchor

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