Too much pessimism has led too many men into making serious mistakes. And perhaps part of our pessimism comes because we are too close to ourselves to see in proper perspective.
Even Johannes Kepler, Isaac Newton, Charles Darwin, Gregor Mendel, and Albert Einstein made serious mistakes. But the scientific enterprise arranges things so that teamwork prevails: What one of us, even the most brilliant among us, misses, another of us, even someone much less celebrated and capable, may detect and rectify.
Elegance is usually confused with superficiality, fashion, lack of depth. This is a serious mistake: human beings need to have elegance in their actions and in their posture because this word is synonymous with good taste, amiability, equilibrium and harmony.
My philosophy is that all stocks are bad. There are no good stocks unless they go up in price. If they go down instead, you have to cut your losses fast Letting losses run is the most serious mistake made by most investors.
Very serious mistakes were made by previous governments, and Greece was ready to be abandoned by its partners and to leave the eurozone, which would have created total catastrophe.
As far as the execution is concerned ... the most frequent and most serious mistake is to follow the music instead of preceding it.
If you're going to go increase taxes on small businesses, you're going to slow down the extent to which we're able to reduce unemployment. So I think it's a serious mistake; the wrong time to raise taxes.
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