Sublime

opprobrium.

The disastrous influence which popular authority may sometimes exercise upon the finances of a State was very clearly seen in some of the democratic republics of antiquity, in which the public treasure was exhausted in order to relieve indigent citizens, or to supply the games and theatrical amusements of the populace.

But, as the drought burned relentlessly on, in the country districts an ever-increasing number of people succumbed to the vice of fairy fruit-eating . . . with tragic results to themselves, for though the fruit was very grateful to their parched throats, its spiritual effects were most alarming, and every day fresh rumours reached Lud-in-the-Mist (

“The man who doesn’t read good books has no advantage over the man who can’t read them.” -Twain

Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, one by one.

Human beings when there’s enough of them together acting in total unison become something else.

Poor Charlie’s Almanack, by Charles T. Munger. I’ve been enjoying Charlie Munger’s speeches online for years; this is the ultimate collection of the best of them. Watching Becoming Warren Buffett on a recent flight reminded me how much of a legend Charlie is.