"Science starts with evidence and goes where it takes you. Religion starts with conclusions and reasons backward in the face of new evidence."
Posted at 07:47 pm by Bhaskar Sarkar
Tuesday, November 16, 2004
"Where there is no exaggeration there is no love, and where there is no love there is no understanding. It is only about things that do not interest one, that one can give a really unbiased opinion; and this is no doubt the reason why an unbiased opinion is always valueless."
Posted at 04:38 pm by Bhaskar Sarkar
Thursday, September 30, 2004
"No well-informed person ever imputed inconsistency to another for changing his mind."
Posted at 03:10 pm by Bhaskar Sarkar
The mystic is content to bask in the wonder and revel in a mystery that we were not meant to understand. The scientist feels the same wonder but is restless, not content; recognizes the mystery as profound, then adds, "But we're working on it."
Posted at 05:22 pm by Bhaskar Sarkar
Flexibility in labor policies, for example, appears in some contexts to be the antithesis of job security. Yet, in our roles as consumers, we seem to insist on the low product prices and high quality that are the most prominent features of our current frenetic economic structure.
Posted at 11:46 am by Bhaskar Sarkar
As soon as we abandon our own reason, and are content to rely upon authority, there is no end to our trouble. Whose authority? The Old Testament? The New Testament? The Koran? In practice, people choose the book considered sacred by the community in which they are born, and out of that book they choose the parts they like, ignoring the others. At one time, the most influential text in the Bible was: 'Thou shalt not suffer a witch to live.' Nowadays, people pass over this text, in silence if possible; if not, with an apology. And so, even when we have a sacred book, we still choose as truth whatever suits our own prejudices. No Catholic, for instance, takes seriously the text which says that a Bishop should be the husband of one wife.
Posted at 02:11 pm by Bhaskar Sarkar
Inventing a deity greatly simplifies life for the believer, and makes thinking unnecessary. If there's a puzzle — "why am I here? — for example, the "God" card trumps all others, immediately and completely, with no discussion or work needed. No, the invocation of a deity doesn't explain a difficult quandary, but it makes an answer unnecessary, for the believer.
Posted at 03:27 pm by Bhaskar Sarkar
“Cogito, ergo sum”: I think, therefore I am.
Posted at 10:48 am by Bhaskar Sarkar
Omar Khayyam (translated) in The Rubaiyat
Myself when young did eagerly frequent
Doctor and saint, and heard great argument
About it and about, but evermore
Came out by the same door as in I went
Posted at 10:12 am by Bhaskar Sarkar
Favorite investment quotes
One day in 1984 my wife, Claudia, told me, 'The government gets a third and we can spend a third, but we need to save a third'. That's the smartest advice anyone ever gave me. We're rich now. - LEE TREVINO
October. This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August, and February. - MARK TWAIN
I don't believe in market timing. I've been around this business darn near half-century, and I know I can't do it successfully. What's more, I don't know anyone else who can. In fact I don't even know anyone who knows anyone who has ever successfully timed the market over the long term. - JOHN C. BOGLE
There are certan things that cannot be adequately explained to a virgin either with words or pictures. Nor can any description that I might offer here even approximate what it feels to lose a real chunk of money that you used to own. - FRED SCHWED
Compound interest is the most powerful force in the universe. - ALBERT EINSTEIN
Buy-and-hold, long-term, all-market-index strategies, implemented at rock-bottom cost, are the surest of all routes to the accumulation of wealth - JOHN C. BOGLE
Investing should be dull, like watching paint dry or grass grow. If you want excitement, take $800 and go to Las Vegas.
- PAUL SAMUELSON
The greatest enemy of a good plan is the dream of a perfect plan. - VON CLAUSEWITZ
Our life is frittered away by detail. Simplify, Simplify. - HENRY D. THOREAU
I should have computed the historic co- variances of the asset classes and drawn an efficient frontier. Instead, I split my contributions 50/50 between bonds and equities... (to) minimize my future regret. - HARRY MARKOWITZ
Posted at 11:14 am by Bhaskar Sarkar