Dan > Dan's Quotes

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  • #1
    Ayn Rand
    “If some men attempt to survive by means of brute force or fraud, by looting, robbing, cheating or enslaving the men who produce, it still remains true that their survival is made possible only by their victims, only by the men who choose to think and to produce the goods which they, the looters, are seizing. Such looters are parasites incapable of survival, who exist by destroying those who are capable, those who are pursuing a course of action proper to man.”
    Ayn Rand, The Virtue of Selfishness

  • #2
    “Does an arbitrary human convention, a mere custom, decree that man must guide his actions by a set of principles—or is there a fact of reality that demands it? Is ethics the province of whims: of personal emotions, social edicts and mystic revelations—or is it the province of reason? Is ethics a subjective luxury—or an objective necessity? In the sorry record of the history of mankind’s ethics—with a few rare, and unsuccessful, exceptions—moralists have regarded ethics as the province of whims, that is: of the irrational. Some of them did so explicitly, by intention—others implicitly, by default. A “whim” is a desire experienced by a person who does not know and does not care to discover its cause. No philosopher has given a rational, objectively demonstrable, scientific answer to the question of why man needs a code of values. So long as that question remained unanswered, no rational, scientific, objective code of ethics could be discovered or defined. The greatest of all philosophers, Aristotle, did not regard ethics as an exact science; he based his ethical system on observations of what the noble and wise men of his time chose to do, leaving unanswered the questions of: why they chose to do it and why he evaluated them as noble and wise. Most philosophers took the existence of ethics for granted, as the given, as a historical fact, and were not concerned with discovering its metaphysical cause or objective validation. Many of them attempted to break the traditional monopoly of mysticism in the field of ethics and, allegedly, to define a rational, scientific, nonreligious morality. But their attempts consisted of trying to justify them on social grounds, merely substituting society for God. The avowed mystics held the arbitrary, unaccountable “will of God” as the standard of the good and as the validation of their ethics. The neomystics replaced it with “the good of society,” thus collapsing into the circularity of a definition such as “the standard of the good is that which is good for society.” This meant, in logic—and, today, in worldwide practice—that “society” stands above any principles of ethics, since it is the source, standard and criterion of ethics, since “the good” is whatever it wills, whatever it happens to assert as its own welfare and pleasure. This meant that “society” may do anything it pleases, since “the good” is whatever it chooses to do because it chooses to do it. And—since there is no such entity as “society,” since society is only a number of individual men—this meant that some men (the majority or any gang that claims to be its spokesman) are ethically entitled to pursue any whims (or any atrocities) they desire to pursue, while other men are ethically obliged to spend their lives in the service of that gang’s desires. This could hardly be called rational, yet most philosophers have now decided to declare that reason has failed, that ethics is outside the power of reason, that no rational ethics can ever be defined, and that in the field of ethics—in the choice of his values, of his actions, of his pursuits, of his life’s goals—man must be guided by something other than reason. By what? Faith—instinct—intuition—revelation—feeling—taste—urge—wish—whim Today, as in the past, most philosophers agree that the ultimate standard of ethics is whim (they call it “arbitrary postulate” or “subjective choice” or “emotional commitment”)—and the battle is only over the question or whose whim: one’s own or society’s or the dictator’s or God’s. Whatever else they may disagree about, today’s moralists agree that ethics is a subjective issue and that the three things barred from its field are: reason—mind—reality. If you wonder why the world is now collapsing to a lower and ever lower rung of hell, this is the reason. If you want to save civilization, it is this premise of modern ethics—and of all ethical”
    Anonymous

  • #3
    “The basic political principle of the Objectivist ethics is: no man may initiate the use of physical force against others. No man—or group or society or government—has the right to assume the role of a criminal and initiate the use of physical compulsion against any man. Men have the right to use physical force only in retaliation and only against those who initiate its use. The ethical principle involved is simple and clear-cut: it is the difference between murder and self-defense. A holdup man seeks to gain a value, wealth, by killing his victim; the victim does not grow richer by killing a holdup man. The principle is: no man may obtain any values from others by resorting to physical force. The only proper, moral purpose of a government is to protect man’s rights, which means: to protect him from physical violence—to protect his right to his own life, to his own liberty, to his own property and to the pursuit of his own happiness. Without property rights, no other rights are possible.”
    Anonymous

  • #4
    “There is only one reality—the reality knowable to reason. And if man does not choose to perceive it, there is nothing else for him to perceive; if it is not of this world that he is conscious, then he is not conscious at all.”
    Anonymous

  • #5
    “The practical implementation of friendship, affection and love consists of incorporating the welfare (the rational welfare) of the person involved into one’s own hierarchy of values, then acting accordingly. But this is a reward which men have to earn by means of their virtues and which one cannot grant to mere acquaintances or strangers. What, then, should one properly grant to strangers? The generalized respect and good will which one should grant to a human being in the name of the potential value he represents—until and unless he forfeits it.”
    Anonymous

  • #6
    “Since a rational man knows that man must achieve his goals by his own effort, he knows that neither wealth nor jobs nor any human values exist in a given, limited, static quantity, waiting to be divided. He knows that all benefits have to be produced, that the gain of one man does not represent the loss of another, that a man’s achievement is not earned at the expense of those who have not achieved it.”
    Anonymous

  • #7
    “For instance, Objectivists will often hear a question such as: “What will be done about the poor or the handicapped in a free society?” The altruist-collectivist premise, implicit in that question, is that men are “their brothers’ keepers” and that the misfortune of some is a mortgage on others. The questioner is ignoring or evading the basic premises of Objectivist ethics and is attempting to switch the discussion onto his own collectivist base. Observe that he does not ask: “Should anything be done?” but: “What will be done?”—as if the collectivist premise had been tacitly accepted and all that remains is a discussion of the means to implement it. Once, when Barbara Branden was asked by a student: “What will happen to the poor in an Objectivist society?”—she answered: “If you want to help them, you will not be stopped.”
    Anonymous

  • #8
    “saw that any man’s desire for money he could not earn was regarded as a righteous wish, but if he earned it, it was damned as greed—I”
    Anonymous

  • #9
    “Why, Jim? Why? What are you laughing at?” He would not explain—almost as if the fact of his contempt were sufficient and required no reasons.”
    Anonymous

  • #10
    “How did you manage to remain unmangled?” “By holding to just one rule.” “Which?” “To place nothing—nothing—above the verdict of my own mind.”
    Anonymous

  • #11
    “And this is the Witch Doctor’s epistemological ideal, the mode of consciousness he strives to induce in himself. To the Witch Doctor, emotions are tools of cognition, and wishes take precedence over facts. He seeks to escape the risks of a quest for knowledge by obliterating the distinction between consciousness and reality, between the perceiver and the perceived, hoping that an automatic certainty and an infallible knowledge of the universe will be granted to him by the blind, unfocused stare of his eyes turned inward,”
    Anonymous

  • #12
    George Carlin
    “I don't like ass kissers, flag wavers or team players. I like people who buck the system. Individualists. I often warn people: "Somewhere along the way, someone is going to tell you, 'There is no "I" in team.' What you should tell them is, 'Maybe not. But there is an "I" in independence, individuality and integrity.'" Avoid teams at all cost. Keep your circle small. Never join a group that has a name. If they say, "We're the So-and-Sos," take a walk. And if, somehow, you must join, if it's unavoidable, such as a union or a trade association, go ahead and join. But don't participate; it will be your death. And if they tell you you're not a team player, congratulate them on being observant.”
    George Carlin

  • #13
    Friedrich Nietzsche
    “Everything the State says is a lie, and everything it has it has stolen.”
    Friedrich Nietzsche

  • #14
    Benjamin Graham
    “The intelligent investor is a realist who sells to optimists and buys from pessimists.”
    Benjamin Graham, The Intelligent Investor

  • #15
    Benjamin Graham
    “In the short run, the market is a voting machine but in the long run, it is a weighing machine.”
    Benjamin Graham

  • #16
    Benjamin Graham
    “The stock investor is neither right or wrong because others agreed or disagreed with him; he is right because his facts and analysis are right.”
    Benjamin Graham, The Intelligent Investor

  • #17
    Benjamin Graham
    “And back in the spring of 1720, Sir Isaac Newton owned shares in the South Sea Company, the hottest stock in England. Sensing that the market was getting out of hand, the great physicist muttered that he “could calculate the motions of the heavenly bodies, but not the madness of the people.” Newton dumped his South Sea shares, pocketing a 100% profit totaling £7,000. But just months later, swept up in the wild enthusiasm of the market, Newton jumped back in at a much higher price—and lost £20,000 (or more than $3 million in today’s money). For the rest of his life, he forbade anyone to speak the words “South Sea” in his presence. 4”
    Benjamin Graham, The Intelligent Investor

  • #18
    Benjamin Graham
    “A stock is not just a ticker symbol or an electronic blip; it is an ownership interest in an actual business, with an underlying value that does not depend on its share price.”
    Benjamin Graham, The Intelligent Investor

  • #19
    Benjamin Graham
    “The most realistic distinction between the investor and the speculator is found in their attitude toward stock-market movements. The speculator’s primary interest lies in anticipating and profiting from market fluctuations. The investor’s primary interest lies in acquiring and holding suitable securities at suitable prices. Market movements are important to him in a practical sense, because they alternately create low price levels at which he would be wise to buy and high price levels at which he certainly should refrain from buying and probably would be wise to sell. It is far from certain that the typical investor should regularly hold off buying until low market levels appear, because this may involve a long wait, very likely the loss of income, and the possible missing of investment opportunities. On the whole it may be better for the investor to do his stock buying whenever he has money to put in stocks, except when the general market level is much higher than can be justified by well-established standards of value. If he wants to be shrewd he can look for the ever-present bargain opportunities in individual securities. Aside from forecasting the movements of the general market, much effort and ability are directed on Wall Street toward selecting stocks or industrial groups that in matter of price will “do better” than the rest over a fairly short period in the future. Logical as this endeavor may seem, we do not believe it is suited to the needs or temperament of the true investor—particularly since he would be competing with a large number of stock-market traders and first-class financial analysts who are trying to do the same thing. As in all other activities that emphasize price movements first and underlying values second, the work of many intelligent minds constantly engaged in this field tends to be self-neutralizing and self-defeating over the years. The investor with a portfolio of sound stocks should expect their prices to fluctuate and should neither be concerned by sizable declines nor become excited by sizable advances. He should always remember that market quotations are there for his convenience, either to be taken advantage of or to be ignored. He should never buy a stock because it has gone up or sell one because it has gone down. He would not be far wrong if this motto read more simply: “Never buy a stock immediately after a substantial rise or sell one immediately after a substantial drop.” An”
    Benjamin Graham, The Intelligent Investor

  • #20
    Benjamin Graham
    “You will be much more in control, if you realize how much you are not in control.”
    Benjamin Graham, The Intelligent Investor

  • #21
    Benjamin Graham
    “Here is an all-too-brief summary of Buffett’s approach: He looks for what he calls “franchise” companies with strong consumer brands, easily understandable businesses, robust financial health, and near-monopolies in their markets, like H & R Block, Gillette, and the Washington Post Co. Buffett likes to snap up a stock when a scandal, big loss, or other bad news passes over it like a storm cloud—as when he bought Coca-Cola soon after its disastrous rollout of “New Coke” and the market crash of 1987. He also wants to see managers who set and meet realistic goals; build their businesses from within rather than through acquisition; allocate capital wisely; and do not pay themselves hundred-million-dollar jackpots of stock options. Buffett insists on steady and sustainable growth in earnings, so the company will be worth more in the future than it is today.”
    Benjamin Graham, The Intelligent Investor

  • #22
    Benjamin Graham
    “In other words, the market is not a weighing machine, on which the value of each issue is recorded by an exact and impersonal mechanism, in accordance with its specific qualities. Rather should we say that the market is a voting machine, whereon countless individuals register choices which are the product partly of reason and partly of emotion.”
    Benjamin Graham, Security Analysis

  • #23
    Benjamin Graham
    “The investment world nevertheless has enough liars, cheaters, and thieves to keep Satan's check-in clerks frantically busy for decades to come.”
    Benjamin Graham, The Intelligent Investor

  • #24
    Benjamin Graham
    “The schoolteacher asks Billy Bob: "If you have 12 sheeps and one jumps over the fence, how many sheeps do you have left?"

    Billy Bob answers, "None."

    "Well" says the teacher, "you sure don't know your subtraction."

    "Maybe not," Billy Bob replies, "but i darn sure know my sheeps.”
    Benjamin Graham, The Intelligent Investor

  • #25
    Benjamin Graham
    “while enthusiasm may be necessary for great accomplishments elsewhere, on Wall Street it almost invariably leads to disaster.”
    Benjamin Graham, The Intelligent Investor

  • #26
    Stefan Molyneux
    “There is nothing that is going to make people hate you more, and love you more, than telling the truth.”
    Stefan Molyneux

  • #27
  • #28
    Larken Rose
    “Dear Anarcho-Communist,

    If you and I ever find ourselves in a stateless society, have no fear. Just mention that you are a communist, and I promise I will never try to "oppress" and "exploit" you by offering to trade with you, or by offering to pay you to do work.

    Sincerely,

    Larken Rose”
    Larken Rose

  • #29
    Stefan Molyneux
    “The sad thing about this is that we cannot in fact have any relationships to our mythologies, any more than we can soul-kiss our reflection in the mirror, or sit down with “the country” for nice cup of coffee and a chat.”
    Stefan Molyneux, Real-Time Relationships: The Logic of Love



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