Saturday, November 23, 2024 Text is available under the CC BY-SA 3.0 licence.

Mignon McLaughlin

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We are all born brave, trusting and greedy, and most of us remain greedy.

 
Mignon McLaughlin

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Investors should remember that excitement and expenses are their enemies. And if they insist on trying to time their participation in equities, they should try to be fearful when others are greedy and greedy when others are fearful.

 
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I am greedy. I eat under stress. When you are eating, the rest of the world is tuned out. And when you tune back in you feel guilty about having been greedy and the rest of the world is still there, so you have to carry on eating!

 
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The nation’s economy is not just the sum of its individuals. It is an interwoven context that we all share. To stabilize that communal landscape, sometimes you have to shower money upon those who have been foolish or self-indulgent. The greedy idiots may be greedy idiots, but they are our countrymen. And at some level, we’re all in this together. If their lives don’t stabilize, then our lives don’t stabilize.

 
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Why was there nothing it refused? No misery, no regret, no hateful picture too rotten to accept? Like a greedy child it snatched up everything. Just once, could it say, No thank you? I just ate and can't hold another bite? . . . But my greedy brain says, Oh thanks, I'd love more . . . my brain would go right ahead and take it and never say, No thank you. I don't want to know or have to remember that. I have other things to do: worry, for example, about tomorrow, about Denver, about Beloved, about age and sickness not to speak of love. But her brain was not interested in the future. Loaded with the past and hungry for more, it left her no room to imagine, let alone plan for, the next day.

 
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And as we are — the world is. That is, if we are greedy, envious, competitive, our society will be competitive, envious, greedy, which brings misery and war. The State is what we are. To bring about order and peace, we must begin with ourselves and not with society, not with the State, for the world is ourselves … If we would bring about a sane and happy society we must begin with ourselves and not with another, not outside of ourselves, but with ourselves.

 
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