The best investment strategy is one that is simple, low-cost, and broadly diversified.
The past is part of our present, and thus part of our future.
The end of history will be a very sad time. The struggle for recognition, the willingness to risk one's life for a purely abstract goal, the worldwide ideological struggle that called forth daring, courage, imagination, and idealism, will be replaced by economic calculation, the endless solving of technical problems, environmental concerns, and the satisfaction of sophisticated consumer demands.
I believe in the passion of creation and that dreams are more powerful than facts.