Bertrand Russell: Great fear

Bertrand Russell 1907

Image via Wikipedia

Neither a man nor a crowd nor a nation can be trusted to act humanely or to think sanely under the influence of a great fear. –Bertrand Russell, philosopher, mathematician, author, Nobel laureate (1872-1970)

Warren Buffett: Thinking against polling

Warren Buffett speaking to a group of students...

Image via Wikipedia

“…a business or stock is not an intelligent purchase simply because it is unpopular; a contrarian approach is just as foolish as a follow-the-crowd strategy. What’s required is thinking rather than polling. Unfortunately, Bertrand Russell‘s observation about life in general applies with unusual force in the financial world: ‘Most men would rather die than think. Many do.” Warren Buffett

Ma Yaohai: Marriage

“Marriage is like water. You have to drink it. Swinging is like wine. Some people feel it’s delicious the first time they try it, so they keep drinking. Some people try it and think it tastes bad, so they never drink it again.”
MA YAOHAI, whom a Chinese court sentenced to prison for “crowd licentiousness.”

Source: NYTimes.com