What An Extraordinary Episode In

As Time Goes On, I Get More And More Convinced That The Right Method In Investment Is To Put Fairly Large Sums Into Enterprises Which One Thinks One Knows Something About And In The Management Of Which One Thoroughly Believes. It Is A Mistake To Think That One Limits One's Risk By Spreading Too Much Between Enterprises About Which One Knows Little And Has No Reason For Special Confidence. . . . One's Knowledge And Experience Are Definitely Limited And There Are Seldom More Than Two Or Three Enterprises At Any Given Time In Which I Personally Feel Myself Entitled To Put Full Confidence.

How Long Will It Be Necessary To Pay City Men So Entirely Out Of Proportion To What Other Servants Of Society Commonly Receive For Performing Social Services Not Less Useful Or Difficult?

I Am Trying To Re-shape And Improve My Central Position.

The Love Of Money As A Possession-as Distinguished From The Love Of Money As A Means To The Enjoyments And Realities Of Life-will Be Recognized For What It Is, A Somewhat Disgusting Morbidity, One Of Those Semi-criminal, Semi-pathological Propensities Which One Hands Over With A Shudder To The Specialists In Mental Disease

To Suggest Social Action For The Public Good To The City London Is Like Discussing The Origin Of Species To A Bishop Sixty Years Ago.