“The whole of modern so-called civilised existence is an attempt to deny reality insofar as it exists. When did Don last look at the stars, when did Norman last get soaked in a rainstorm? The stars as far as these people are concerned are the Manhattan-pattern!” He jerked his thumb at a window beyond which the city’s treasure-house of coloured light glimmered gaudily.
In a bull market, one must avoid the error of the preening duck that quacks boastfully after a torrential rainstorm, thinking that its paddling skills have caused it to rise in the world. A right-thinking duck would instead compare its position after the downpour to that of the other ducks on the pond.warren buffett
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