The speed at which a business success is recognized, furthermore, is not that important as long as the company's intrinsic value is increasing at a satisfactory rate. In fact, delayed recognition can be an advantage: It may give us the chance to buy more of a good thing at a bargain price.
I am not of the opinion generally entertained in this country [England], that man lives by Greek and Latin alone; that is, by knowing a great many words of two dead languages, which nobody living knows perfectly, and which are of no use in the common intercourse of life. Useful knowledge, in my opinion, consists of modern languages, history, and geography; some Latin may be thrown into the bargain, in compliance with custom, and for closet amusement.
Both poverty and wealth, therefore, have a bad effect on the quality of the work and the workman himself. Wealth and poverty, I answered. One produces luxury and idleness and a passion for novelty, the other meanness and bad workmanship and revolution into the bargain.
I am a famous artist. I make millions. But I frequently see debut shows of unknown artists with prices that are double of mine... what they're really doing is barely getting by and helping me sell 1,000 paintings a year effortlessly, because they make my paintings look like such a bargain. Thank you to all the egotistical art students!
I say let's go back to a truer use of the word 'freedom.' Let's start with President Franklin Roosevelt's Four Freedoms: freedom of speech and expression, freedom of worship, freedom from want and freedom from fear. I would add the freedom to bargain collectively. Those freedoms are under attack today.