"People are, by and large, quite poor at judging correct absolute values but are astute about determining relative values. Psychologists call this coherent arbitrariness, which suggests that individuals are coherent when they compare prices on a relative basis but arbitrary when those prices are considered versus fundamental value."

-- Michael Mauboussin

#Relative Value Quotes #Judging Quotes #People Quotes

“So I can very well say without hesitation that all those who have political power, even if they use it well have acquired it by demonic mediation and even if they are not conscious of it, they are worshippers of diabolos.”
“As a species, we tend to lie quite a bit - to ourselves and to each other. It's a primate thing. So, a reason to go into a career in science and technology, or to learn more about these subjects, is to become a more powerful person.”
“When I looked into the story of Soviet hockey and its players, I realized that it has nothing to do with hockey. It was a larger story using hockey as a window into the story of the rise and fall of the Soviet Union, the Russian people, with friendships and betrayals, paranoia and oppression, and the meaning of sports to people and nations around the world, and how sports was used as a political tool.”

Source : Source: collider.com
“While democracy must have its organizations and controls, its vital breath is individual liberty.”

Source : Statement, May 1908.
“Begum Hazrat Mahal of Oudh was the last of the breed of able queens and generals. The queen led her kingdom's army into battle during the revolt of 1857. Even after she was defeated she defied Queen Victoria's famous Proclamation and issued a counter Proclamation....”
“Maybe one day we will be able to take a pill that keeps us young and healthy much longer. I believe in my heart that this will happen.”
“A man always blames the woman who fools him. In the same way he blames the door he walks into in the dark.”
“Iâ€™m going with Darrelle Revis.”

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