The idea of a margin of safety, a Graham precept, will never be obsolete. The idea of making the market your servant will never be obsolete. The idea of being objective and dispassionate will never be obsolete.
You can’t be brave if you’ve only had wonderful things happen to you.
平安之中隐藏着危险,卧席之上可能有剧毒,日常衣食小事有可能导致败落之祸。
The principal object of management should be to secure the maximum prosperity for the employer, coupled with the maximum prosperity for each employee.