Knowing how to die costs a lifetime.
Antonio Porchia
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Beating the market is a zero-sum game for investors. Money managers, as a group, must provide the market return... But that return comes only before their exorbitant fees, operating expenses, and portfolio turnover costs are deducted. The zero-sum game before costs becomes a loser’s game after costs.
John Bogle
It costs a beautiful person no exertion to paint her image on our eyes; yet how splendid is that benefit! It costs no more for a wise soul to convey his quality to other men.
Ralph Waldo Emerson
Roger tried to find out all about her: he wanted, in one brief hour, to make up for a lifetime of non-acquaintance, a lifetime for all practical purposes wasted.
Jack Vance
In fact, a large part of what we think of as economic activity is designed to accomplish what high transaction costs would otherwise prevent or to reduce transaction costs so that individuals can negotiate freely and we can take advantage of that diffused knowledge of which Friedrich Hayek has told us.
Friedrich Hayek
In very other period of art history, the idea itself –the what – had been primary. Today (1961) the idea matters less than the way it is arrived at; it is the how that makes the work. This word brings us again face to face with the theme and its infinite variations. It is no longer a matter of knowing, of possessing the truth, but of approaching it.. ..knowing that the road is long, knowing that the road does not end, knowing that the road is the end in itself.
Michel Seuphor
Porchia, Antonio
Porson, Richard
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