Posts filed under “Philosophy”

QOTD: “Founding Fathers” edition

Happy Independence Day!

On the anniversary of the United States birth — before we became a corrupt plutocracy (back then we were a corrupt slave owning nation) — we did have some leaders who were inspirational.

Regular readers know that the quote of the day is often filled with terrific gems from some of the most insightful people though history. Its usually somewhere over there ————–>

Today, we have a special “Founding Fathers edition” of our favorite quotes:

“We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness”.
-Thomas Jefferson (1743-1826)

 

“They that can give up essential liberty to obtain a little temporary safety deserve neither liberty nor safety.”
-Benjamin Franklin (1706-1790)

 

“I always consider the settlement of America with reverence and wonder, as the opening of a grand scene and design in providence, for the illumination of the ignorant and the emancipation of the slavish part of mankind all over the earth.
-John Adams (1735-1826)

 

“That these united colonies are, and of right ought to be, free and independent states; that they are absolved from all allegiance to the British crown; and that all political connection between them and the State of Great Britain is, and ought to be, totally dissolved.”
-Richard Henry Lee (1732-1794)

 
“There! I guess King George will be able to read THAT!
-John Hancock (1737-1793)

 
“Idleness and pride tax with a heavier hand than kings and parliaments. If we can get rid of the former, we may easily bear the latter.”
-Benjamin Franklin (1706-1790)

 
“Liberty cannot be preserved without a general knowledge among the people, who have a right and a desire to know; but besides this, they have a right, an indisputable, unalienable, indefeasible, divine right to that most dreaded and envied kind of knowledge, I mean of the characters and conduct of their rulers.
-John Adams (1735-1826)

 
“While Gen’l Howe with a Large Armament is advancing towards N. York, our Congress resolved to Declare the United Colonies free and Independent States. A Declaration for this Purpose, I expect, will this day pass Congress…It is gone so far that we must now be a free independent State, or a Conquered Country. “
-Abraham Clark (1726-1794)

 
“The strongest reason for the people to retain the right to keep and bear arms is, as a last resort, to protect themselves against tyranny in government.”
-Thomas Jefferson (1743-1826)

 
“I am well aware of the toil and blood and treasure it will cost us to maintain this declaration, and support and defend these states. Yet through all the gloom I see the rays of ravishing light and glory. I can see that the end is worth all the means. This is our day of deliverance.”
-John Adams (1735-1826)

 
“Equal and exact justice to all men — freedom of religion, freedom of the press, freedom of person under the protection of the habeas corpus; and trial by juries impartially selected, these principles form the bright constellation which has gone before us.”
-Thomas Jefferson (1743-1826)

 
“We must all hang together, or assuredly we shall all hang separately.”
-Benjamin Franklin (1706-1790)

Various sources . . .

Category: Philosophy, Weekend

Questions for Investors At 2013′s Halfway Mark

Here we are, on the last day of Q2 2013. It is no exaggeration to say that this has been an unusual and exciting year. I suspect most investors would prefer their markets with a lot less excitement. Perhaps we can begin a movement to bring back boring banking. Regardless, we don’t have to wait…Read More

Category: Apprenticed Investor, Investing, Markets, Philosophy

Morgan Housel Is A Permanent Optimist . . .

  Hey, today we are having lunch with the astute Morgan Housel of MF. I have been enjoying his writing for years now — he is my favorite Motley Fool writer. Here is his very simple explanation for why the end-of-worlders have been wrong, and will continue to be wrong, for most of the future…Read More

Category: Cognitive Foibles, Investing, Philosophy

Does Math Exist or Is It a Human Creation?

Math is invisible. Unlike physics, chemistry, and biology we can’t see it, smell it, or even directly observe it in the universe. And so that has made a lot of really smart people ask, does it actually even EXIST?!?! Similar to the tree falling in the forest, there are people who believe that if no person existed to count, math wouldn’t be around . .at ALL!!!! But is this true? Do we live in a mathless universe? Or if math is a real entity that exists, are there formulas and mathematical concepts out there in the universe that are undiscovered? Or is it all fiction? Whew!! So many questions, so many theories… watch the episode and let us know what you think!

Is Math a Feature of the Universe or a Feature of Human Creation? | Idea Channel | PBS

Hat tip boingboing

Category: Mathematics, Philosophy, Video

QOTD: The World

Here is a quote to distract you from the Red on your screens this week: “The world is so big, so complicated, so replete with marvels and surprises that it takes years for most people to begin to notice that it is, also, irretrievably broken. We call this period of research ‘childhood.’ “There follows a…Read More

Category: Philosophy, Psychology

The Ex Post Facto Market Rationale

  Ex Post Facto: from or by subsequent action; subsequently; retrospectively; retroactively. From late Latin, literally, from a thing done afterward     I want to discuss a problem that exists in the narrative form of market commentary, one that I hinted at last night but did not have the time to fully explore in…Read More

Category: Cognitive Foibles, Markets, Philosophy

“What’s your outlook on the markets and the economy?”

I have a few conferences coming up later this summer, and as part of one event, I was asked a series of questions in advance. Its a pre- interview, and I figured I would work my way through the questions a little bit all week. But then I read the first question — the headline…Read More

Category: Economy, Financial Press, Markets, Philosophy

How You Can Change Your Decision Making

I like the thought process here: How You Can Change Your Decision Making Raise your awareness: Incomplete information and lots of uncertainty leads to poor outcomes Put yourself in the shoes of others: Consider the point of view or experience of other people Recognise the role of skill and luck: Sorting skill from luck is essential for evaluating…Read More

Category: Philosophy

Possible versus Probable

Its Friday, and has become my wont, this is the day of the week I like to kick back, wax philosophical about various thoughts kicking about me noggin. One of the things that I have been noticing of late is the way so many people seem to confuse facts with forecasts. Twitter is rife with…Read More

Category: Hedge Funds, Investing, Mathematics, Philosophy, Venture Capital

QOTD: The Market Giveth . . .

Here is my market quote for today, from MacroMan:   “The Market giveth and the Market inserts red hot pokers before dicing you into small chunks and spreading your remains to the four corners of the earth.”   That’s a bit more severe than “and the market taketh away,” but certainly makes a noteworthy point…Read More

Category: Philosophy, Psychology, Trading