Samia Haimoura

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The Decline and F...
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The Third Door: T...
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May 26, 2021 02:42PM

 
Games Without Rul...
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Benjamin Graham
“But investing isn’t about beating others at their game. It’s about controlling yourself at your own game.”
Benjamin Graham, The Intelligent Investor

“Featherweight by Suzy Kassem


One evening,
I sat by the ocean and questioned the moon about my destiny.
I revealed to it that I was beginning to feel smaller compared to others,
Because the more secrets of the universe I would unlock,
The smaller in size I became.

I didn't understand why I wasn't feeling larger instead of smaller.
I thought that seeking Truth was what was required of us all –
To show us the way, not to make us feel lost,
Up against the odds,
In a devilish game partitioned by
An invisible wall.

Then the next morning,
A bird appeared at my window, just as the sun began
Spreading its yolk over the horizon.
It remained perched for a long time,
Gazing at me intently, to make sure I knew I wasn’t dreaming.
Then its words gently echoed throughout my mind,
Telling me:

'The world you are in –
Is the true hell.
The journey to Truth itself
Is what quickens the heart to become lighter.
The lighter the heart, the purer it is.
The purer the heart, the closer to light it becomes.
And the heavier the heart,
The more chained to this hell
It will remain.'

And just like that, it flew off towards the sun,
Leaving behind a tiny feather.
So I picked it up,
And fastened it to a toothpick,
To dip into ink
And write my name.”
Suzy Kassem, Rise Up and Salute the Sun: The Writings of Suzy Kassem

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

Benjamin Graham
“Outright speculation is neither illegal, immoral, nor (for most people) fattening to the pocketbook. More than that, some speculation is necessary and unavoidable, for in many common-stock situations there are substantial possibilities of both profit and loss, and the risks therein must be assumed by someone.* There is intelligent speculation as there is intelligent investing. But there are many ways in which speculation may be unintelligent. Of these the foremost are: (1) speculating when you think you are investing; (2) speculating seriously instead of as a pastime, when you lack proper knowledge and skill for it; and (3) risking more money in speculation than you can afford to lose.”
Benjamin Graham, The Intelligent Investor

Benjamin Graham
“People who invest make money for themselves; people who speculate make money for their brokers.”
Benjamin Graham, The Intelligent Investor

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