Quote for the Week
It is very hard to think against the crowd, especially when the crowd is practically universal and unanimous in thought and emotion. When a man lifts his voice in chorus with a thousand other voices, singing nobly on a hillside, he will feel confident and exalted, at least until the song is ended, whether or not his actual circumstances warrant the feeling. Or try another shaky metaphor: when Galileo announced that the sun stood still and that the earth moved around it, virtually everyone with any interest in the subject agreed wholeheartedly that he was either crazy, wicked or both. This opinion was shared by both educated and uneducated. We should hesitate to label any of them as stupid, because if we had lived in those times that would almost certainly have been our scornful opinion too. — Fred Schwed Jr. (source)
From the Archives
Last Call
- The Greatest Investment Quotes (That Everyone Should Know) – Of Dollars and Data
- Bear Market Investors Think Different – Klement on Investing
- WTF Happened In 2023? – Not Boring
- The Infamous Coin Toss – Ergodicity Economics
- The 2×2 Edition – WITI
- Ben Graham’s (Not So) Marvelous Father – Beyond Ben Graham
- Retirement in America: Were We Better Off 50 Years Ago? – J. Rekenthaler
- On the Rocks – JSTOR Daily
- The Secret Life of the 500+ Cables That Run the Internet – CNET