Quotes 21 till 27 of 27.
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The prudent see only the difficulties, the bold only the advantages, of a great enterprise; the hero sees both; diminishes the former and makes the latter preponderate, and so conquers.
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The story of Joseph in Egypt and of the seven fat and the seven lean years has passed into the homely wisdom of the ages; but our economic thinking seems to have lost contact with so simple and basic approach to prudent management of a nations welfare.
World Commodities and World Currencies Ch. V, Stabilization of Raw Materials, p. 56 -
The young do not know enough to be prudent, and therefore they attempt the impossible, and achieve it, generation after generation.
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Turn on the prudent ant thy heedful eyes. Observe her labors, sluggard, and be wise.
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Wall Street has a few prudent principles; the trouble is that they are always forgotten when they are most needed.
The Intelligent Investor Ch. 16, Convertible Issues and Warrants, p. 225 -
When the final result is expected to be a compromise, it is often prudent to start from an extreme position.
The Economic Consequences of the Peace
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