Security Analysis Quotes

But a planet can also become dark because of “too strong a desire for security … the greatest evil there is.” Meg resists her father’s analysis. What’s wrong with wanting to be safe? Mr. Murry insists that “lust for security” forces false choices and a panicked search for safety and conformity. This reminded me that my grandmother would get very annoyed when anyone would talk about “the power of love.” Love, she insisted, is not power, which she considered always coercive. To love is to be vulnerable; and it is only in vulnerability and risk—not safety and security—that we overcome darkness.

Abnormally good or abnormally bad conditions do not last forever.

... Bond selection is primarily a negative art. It is a process of exclusion and rejection, rather than of search and acceptance.

Astute observers of corporate balance sheets are often the first to see business deterioration

[Mathematics] is security. Certainty. Truth. Beauty. Insight. Structure. Architecture. I see mathematics, the part of human knowledge that I call mathematics, as one thing—one great, glorious thing. Whether it is differential topology, or functional analysis, or homological algebra, it is all one thing. ... They are intimately interconnected, they are all facets of the same thing. That interconnection, that architecture, is secure truth and is beauty. That's what mathematics is to me.

While a trend shown in the past is a fact, a “future trend” is only an assumption.

In other words, the market is not a weighing machine, on which the value of each issue is recorded by an exact and impersonal mechanism, in accordance with its specific qualities. Rather should we say that the market is a voting machine, whereon countless individuals register choices which are the product partly of reason and partly of emotion.

Skepticism in the face of even the most impressive intelligence analysis was not only justified but essential. Groupthink, by contrast, was dangerous, especially when it came to national security. Too

The psychological analysis of any normal development will make it clear that, if he is to grow up, it is not merely unavoidable but actually essential that the individual should do and assimilate a certain amount of evil, and that he should be able to overcome the conflicts involved in this process. The achievement of independence involves the capacity of the ego not only to adopt the values of the collective but often also to secure the fulfilment of those needs of the individual which run counter to collective values – and this entails doing evil.

There are those who believe that almost any group of men, when once it has seized the machinery of the State, can, by means of propaganda, secure general acquiescence.

The triumphant sense of security, of deliverance from overwhelming danger, that was what filled his whole soul that moment without thought for the future, without analysis, without suppositions or surmises, without doubts and without questioning. It was an instant of full, direct, purely instinctive joy.

Racial tensions are rife with pride—the pride of white supremacy, the pride of black power, the pride of intellectual analysis, the pride of anti-intellectual scorn, the pride of loud verbal attack, and the pride of despising silence, the pride that feels secure, and the pride that masks fear. Where pride holds sway, there is no hope for the kind of listening and patience and understanding and openness to correction that relationships require.

Independence, the first condition of liberty, can be secured in the last analysis only by the armed strength of the citizenry itself, never by mercenaries or allies or money; consequently arms are the first foundation of liberty. There is no lasting safeguard for liberty in anything but one’s own strength.

When a moderate degree of comfort is assured, both individuals and communities will pursue power rather than wealth: they may seek wealth as a means to power, or they may forgo an increase of wealth in order to secure an increase of power, but in the former case as in the latter their fundamental motive is not economic.

Psychology narrows the cause for personal unhappiness down to the person himself, and then he is stuck with himself. But we know that the universal and general cause for personal badness, guilt, and inferiority is the natural world and the person’s relationship to it as a symbolic animal who must find a secure place in it. All the analysis in the world doesn’t allow the person to find out who he is and why he is here on earth, why he has to die, and how he can make his life a triumph. It is when psychology pretends to do this, when it offers itself as a full explanation of human unhappiness, that it becomes a fraud that makes the situation of modern man on impasse from which he cannot escape.

As a rule of thumb, investors should spend the bulk of their time on the disclosures of the security under study, and they should spend significant time on the reports of competitors.

Epicurus founded a school of philosophy which placed great emphasis on the importance of pleasure. "Pleasure is the beginning and the goal of a happy life," he asserted, confirming what many had long thought, but philosophers had rarely accepted. Vulgar opinion at once imagined that the pleasure Epicurus had in mind involved a lot of money, sex, drink and debauchery (associations that survive in our use of the word 'Epicurean'). But true Epicureanism was more subtle. Epicurus led a very simple life, because after rational analysis, he had come to some striking conclusions about what actually made life pleasurable - and fortunately for those lacking a large income, it seemed that the essential ingredients of pleasure, however elusive, were not very expensive. The first ingredient was friendship. 'Of all the things that wisdom provides to help one live one's entire life in happiness, the greatest by far is the possession of friendship,' he wrote. So he bought a house near Athens where he lived in the company of congenial souls. The desire for riches should perhaps not always be understood as a simple hunger for a luxurious life, a more important motive might be the wish to be appreciated and treated nicely. We may seek a fortune for no greater reason than to secure the respect and attention of people who would otherwise look straight through us. Epicurus, discerning our underlying need, recognised that a handful of true friends could deliver the love and respect that even a fortune may not. Epicurus and his friends located a second secret of happiness: freedom. In order not to have to work for people they didn't like and answer to potentially humiliating whims, they removed themselves from employment in the commercial world of Athens ('We must free ourselves from the prison of everyday affairs and politics'), and began what could best have been described as a commune, accepting a simpler way of life in exchange for independence. They would have less money, but would never again have to follow the commands of odious superiors. The third ingredient of happiness was, in Epicurus's view, to lead an examined life. Epicurus was concerned that he and his friends learn to analyse their anxieties about money, illness, death and the supernatural. There are few better remedies for anxiety than thought. In writing a problem down or airing it in conversation we let its essential aspects emerge. And by knowing its character, we remove, if not the problem itself, then its secondary, aggravating characteristics: confusion, displacement, surprise. Wealth is of course unlikely ever to make anyone miserable. But the crux of Epicurus's argument is that if we have money without friends, freedom and an analysed life, we will never be truly happy. And if we have them, but are missing the fortune, we will never be unhappy.

The success of college towns and big cities is striking when you just look at the data. But I also delved more deeply to undertake a more sophisticated empirical analysis. Doing so showed that there was another variable that was a strong predictor of a person’s securing an entry in Wikipedia: the proportion of immigrants in your county of birth. The greater the percentage of foreign-born residents in an area, the higher the proportion of children born there who go on to notable success. (Take that, Donald Trump!) If two places have similar urban and college populations, the one with more immigrants will produce more prominent Americans. What

When Calvin, Meg, and Mr. Murray make their desperate tesser from Camazotz to Ixchel, Mr. Murray tries to explain to Meg and Calvin the nature of the Dark Thing and IT. His thesis has an eerie resonance today, positing that a planet can become dark because of totalitarianism (and specific dictators are named on both sides of the political spectrum). But a planet can also become dark because of "too strong a desire for security... the greatest evil there is." Meg resists her father's analysis. What's wrong with wanting to be safe? Mr. Murray insists that "lust for security" forces false choices and a panicked search for safety and conformity. This reminded me that my grandmother would get very annoyed anyone would talk about "the power of live." Love, she insisted, is not power, which she considered always coercive. To love is to be vulnerable; and it is only in vulnerability and risk- not safety and security- that we overcome darkness.

A coder and independent security researcher named Sergio Lerner conducted a detailed analysis of the block chain at the time Satoshi was still mining. He concluded that Satoshi had mined at least one million bitcoins – more precisely 1,148,800. Lerner felt that if any of these coins had been spent, it would not be difficult to work out Satoshi’s identity – the recipient of the coins would know, unless the sender had sent the coins anonymously. But it appears that none of them were ever spent.

first, pure persuasion leading to the conversion of a minority; then force exerted to secure that the rest of the community shall be exposed to the right propaganda; and finally a genuine belief on the part of the great majority, which makes the use of force again unnecessary.

The Interborough issues are an example of a rather special group of situations in which analysis may reach more definite conclusions respecting intrinsic value than in the ordinary case. These situations may involve a liquidation or give rise to technical operations known as “arbitrage” or “hedging.

Trump is Trump. I came to understand that he believed he could run the Executive Branch and establish national-security policies on instinct, relying on personal relationships with foreign leaders, and with made-for-television showmanship always top of mind. Now, instinct, personal relations, and showmanship are elements of any President’s repertoire. But they are not all of it, by a long stretch. Analysis, planning, intellectual discipline and rigor, evaluation of results, course corrections, and the like are the blocking and tackling of presidential decision-making, the unglamorous side of the job. Appearance takes you only so far.

There have been ample opportunities since 1945 to show that material superiority in war is not enough if the will to fight is lacking. In Algeria, Vietnam and Afghanistan the balance of economic and military strength lay overwhelmingly on the side of France, the United States, and the Soviet Union, but the will to win was slowly eroded. Troops became demoralised and brutalised. Even a political solution was abandoned. In all three cases the greater power withdrew. The Second World War was an altogether different conflict, but the will to win was every bit as important - indeed it was more so. The contest was popularly perceived to be about issues of life and death of whole communities rather than for their fighting forces alone. They were issues, wrote one American observer in 1939, 'worth dying for'. If, he continued, 'the will-to-destruction triumphs, our resolution to preserve civilisation must become more implacable...our courage must mount'. Words like 'will' and 'courage' are difficult for historians to use as instruments of cold analysis. They cannot be quantified; they are elusive of definition; they are products of a moral language that is regarded sceptically today, even tainted by its association with fascist rhetoric. German and Japanese leaders believed that the spiritual strength of their soldiers and workers in some indefinable way compensate for their technical inferiority. When asked after the war why Japan lost, one senior naval officer replied that the Japanese 'were short on spirit, the military spirit was weak...' and put this explanation ahead of any material cause. Within Germany, belief that spiritual strength or willpower was worth more than generous supplies of weapons was not confined to Hitler by any means, though it was certainly a central element in the way he looked at the world. The irony was that Hitler's ambition to impose his will on others did perhaps more than anything to ensure that his enemies' will to win burned brighter still. The Allies were united by nothing so much as a fundamental desire to smash Hitlerism and Japanese militarism and to use any weapon to achieve it. The primal drive for victory at all costs nourished Allied fighting power and assuaged the thirst for vengeance. They fought not only because the sum of their resources added up to victory, but because they wanted to win and were certain that their cause was just. The Allies won the Second World War because they turned their economic strength into effective fighting power, and turned the moral energies of their people into an effective will to win. The mobilisation of national resources in this broad sense never worked perfectly, but worked well enough to prevail. Materially rich, but divided, demoralised, and poorly led, the Allied coalition would have lost the war, however exaggerated Axis ambitions, however flawed their moral outlook. The war made exceptional demands on the Allied peoples. Half a century later the level of cruelty, destruction and sacrifice that it engendered is hard to comprehend, let alone recapture. Fifty years of security and prosperity have opened up a gulf between our own age and the age of crisis and violence that propelled the world into war. Though from today's perspective Allied victory might seem somehow inevitable, the conflict was poised on a knife-edge in the middle years of the war. This period must surely rank as the most significant turning point in the history of the modern age.

Our aim will not be to rub off every peculiarity of human character for the sake of a schematic 'normality', nor yet to demand that the person who has been 'thoroughly analysed' shall feel no passions and develop no internal conflicts. The business of the analysis is to secure the best possible psychological conditions for the functions of the ego; with that it has discharged its task

a perfect description of the “automatic cultural man”—man as confined by culture, a slave to it, who imagines that he has an identity if he pays his insurance premium, that he has control of his life if he guns his sports car or works his electric toothbrush. Today the inauthentic or immediate men are familiar types, after decades of Marxist and existentialist analysis of man’s slavery to his social system. But in Kierkegaard’s time it must have been a shock to be a modern European city-dweller and be considered a Philistine at the same time. For Kierkegaard “philistinism” was triviality, man lulled by the daily routines of his society, content with the satisfactions that it offers him: in today’s world the car, the shopping center, the two-week summer vacation. Man is protected by the secure and limited alternatives his society offers him, and if he does not look up from his path he can live out his life with a certain dull security: Devoid of imagination, as the Philistine always is, he lives in a certain trivial province of experience as to how things go, what is possible, what usually occurs… . Philistinism tranquilizes itself in the trivial…

JANUARY 30 Fortunately [psycho]analysis is not the only way to resolve inner conflicts. Life itself still remains a very effective therapist. —Karen Horney The passage of time, coupled with an openness to the messages gleaned from our conversations with others, can provide answers we need for the way out of painful situations. Life is ebb and flow, peaks and valleys, struggles and sweet times. What we fail to realize, all too often, is that the struggles make possible the times that are sweet. Our conflicts are our special lessons in life. We can learn to flow with them, move through them, trust their value to us as growing, changing women. How good it feels to have found security with one another and that power greater than ourselves who can, when we are willing, show us the path to resolution. Life will never be free of conflict—nor should it be. Our lessons move us to higher planes of awareness. We can experience the joy hidden within the conflict. We can help one another remember that the sweetness of a moment is tied to the pain of a former, forgotten moment. All events, all experiences, are connected. The path I travel, alone and with others, is bringing me brighter days. I will trust my path. It’s right for me.

In talks I was doing on racial justice, I began talking about the United States’ three racialized holocausts: the large-scale death and destruction of cultures that resulted from the genocide of indigenous people on which the country was founded; the African slave trade that was central to the country’s emergence as an industrial power; and the post-WWII assault on the developing world that secured the country’s dominance in the contemporary world. Millions died in these projects, in which hideous levels of violence to expand one group’s wealth and power were justified, overtly or covertly, by the alleged racial superiority of whites. Some people were turned off, objecting that my language was too strong, but many more found the bluntness refreshing and told me the framework was helpful. These experiences taught me that watering down analysis and language to reach the largest possible audience often backfired—people who disagree aren’t persuaded, and those looking for a compelling argument tend to drift away.

In Roosevelt’s view, the international system was in constant flux. Ambition, self-interest, and war were not simply the products of foolish misconceptions of which Americans could disabuse traditional rulers; they were a natural human condition that required purposeful American engagement in international affairs. International society was like a frontier settlement without an effective police force: In new and wild communities where there is violence, an honest man must protect himself; and until other means of securing his safety are devised, it is both foolish and wicked to persuade him to surrender his arms while the men who are dangerous to the community retain theirs. This essentially Hobbesian analysis delivered in, of all occasions, a Nobel Peace Prize lecture, marked America’s departure from the proposition that neutrality and pacific intent were adequate to serve the peace. For Roosevelt, if a nation was unable or unwilling to act to defend its own interests, it could not expect others to respect them.

Except when he feels enthusiasm for a leader, the voter in a large democracy has so little sense of power that he often does not think it worth while to use his vote. If he is not a keen propagandist for one of the parties, the vastness of the forces that decide who shall govern makes his own part in them appear completely negligible. In practice, all that he can do, as a rule, is to vote for one or other of two men, whose programmes may not interest him, and may differ very little, and who, he knows, may with impunity abandon their programmes as soon as they are elected. If, on the other hand, there is a leader whom he enthusiastically admires, the psychology involved is that which we considered in connection with monarchy: it is that of the tie between a king and the tribe or sect of his active supporters. Every skilful political agitator or organiser devotes himself to stimulating devotion to an individual. If the individual is a great leader, the result is one-man government; if he is not, the caucus which has secured his election becomes the real power.

One example of a high-tech company that submits to a Graham type of analysis is Amazon.com. Though it does business exclusively on the Web, Amazon is essentially a retailer, and it may be evaluated in the same way as Wal-Mart, Sears, and so forth. The question, as always, is, does the business provide an adequate margin of safety at a given market price. For much of Amazon’s short life, the stock was wildly overpriced. But when the dot-com bubble burst, its securities collapsed. Buffett himself bought Amazon’s deeply discounted bonds after the crash, when there was much fearful talk that Amazon was headed for bankruptcy. The bonds subsequently rose to par, and Buffett made a killing.

love of power, as a motive, is limited by timidity, which also limits the desire for self-direction. Since power enables us to realise more of our desires than would otherwise be possible, and since it secures deference from others, it is natural to desire power except in so far as timidity interferes. This sort of timidity is lessened by the habit of responsibility, and accordingly responsibilities tend to increase the desire for power. Experience of cruelty and unfriendliness may operate in either direction: with those who are easily frightened it produces the wish to escape observation, while bolder spirits are stimulated to seek positions in which they can inflict cruelties rather than suffer them.

This book claims that secularization has accelerated, but we do not view religion as the product of ignorance or the opium of the people. Quite the contrary, evolutionary modernization theory implies that anything that became as pervasive and survived as long as religion is probably conducive to individual or societal survival. One reason religion spread and endured was because it encouraged norms of sharing, which were crucial to survival in an environment where there was no social security system. In bad times, one’s survival might depend on how strongly these norms were inculcated in the people around you. Religion also helped control violence. Experimental studies have examined the impact of religiosity and church attendance on violence, controlling for the effects of sociodemographic variables. Logistic regression analysis indicated that religiosity (though not church

The enemy is not the blunt adult perseverating on applied behavioral analysis (ABA) research, the enemy is not the parent wearing a puzzle piece t-shirt (but please don’t), the enemy is the system that makes it so exhausting for families to get in-home supports, it is the bias that creates inequity in IEPs, it is the administrative burden that makes county services or social security a multi-year battle. If we fight these systems from the perspective of the community as a whole then we can create a better outcome for everyone. So it’s time—I challenge everyone reading this, both parents and advocates, to put down our swords and hold ourselves accountable for what has happened in the past, but also move forward with forgiveness and humbleness. There is no shame in realizing that you were previously speaking from a less informed place, there is no shame in accepting that we have room to learn and grow still.

This is what Rank meant when he said that: … psychology, which is gradually trying to supplant religious and moral ideology, is only partially qualified to do this, because it is a preponderantly negative and disintegrating ideology….30 Psychology narrows the cause for personal unhappiness down to the person himself, and then he is stuck with himself. But we know that the universal and general cause for personal badness, guilt, and inferiority is the natural world and the person’s relationship to it as a symbolic animal who must find a secure place in it. All the analysis in the world doesn’t allow the person to find out who he is and why he is here on earth, why he has to die, and how he can make his life a triumph. It is when psychology pretends to do this, when it offers itself as a full explanation of human unhappiness, that it becomes a fraud that makes the situation of modern man on impasse from which he cannot escape.

Sex in Alternating Supply, American Style In the United States, when feminists in the late 1960s believed women’s economic freedom would lead to women’s economic abundance, they advocated sexual freedom. When it was discovered that divorces led to economic obligation, feminists, fundamentalists, and women’s magazines all moved toward closing off sexual freedom. Headlines in Cosmopolitan read “Sex: Make Him Earn It”52 even before the herpes scare. A careful analysis of the sexual revolution’s decline helps us see why, if it hadn’t been herpes and AIDS, it would have been something else.53 This need for economic security preceding female sexual openness is probably unconsciously reinforced by our tradition of a man taking a woman out for dinner and drinks first. The more traditional the woman, the more dinners, the more drinks, and the less she feels sexually open until she receives a commitment—in essence, a commitment from him providing for life.

IN OCTOBER 2019, just a few months before the novel coronavirus swept the world, Johns Hopkins University released its first Global Heath Security Index, a comprehensive analysis of countries that were best prepared to handle an epidemic or pandemic. The United States ranked first overall, and first in four of the six categories—prevention, early detection and reporting, sufficient and robust health system, and compliance with international norms. That sounded right. America was, after all, the country with most of the world’s best pharmaceutical companies, research universities, laboratories, and health institutes. But by March 2020, these advantages seemed like a cruel joke, as Covid-19 tore across the United States and the federal government mounted a delayed, weak, and erratic response. By July, with less than 5% of the world’s population, the country had over 25% of the world’s cumulative confirmed cases. Per capita daily death rates in the United States were ten times higher than in Europe. Was this the new face of American exceptionalism?

As America’s diplomats face budget cuts, China’s coffers are more flush with each passing year. Beijing has poured money into development projects, including a $1.4-trillion slate of infrastructure initiatives around the world that would dwarf the Marshall Plan, adjusted for inflation. Its spending on foreign assistance is still a fraction of the United States’, but the trend line is striking, with funding growing by an average of more than 20 percent annually since 2005. The rising superpower is making sure the world knows it. In one recent year, the US State Department spent $666 million on public diplomacy, aimed at winning hearts and minds abroad. While it’s difficult to know exactly what China spends on equivalent programs, one analysis put the value of its “external propaganda” programs at about $10 billion a year. In international organizations, Beijing looms large behind a retreating Washington, DC. As the US proposes cuts to its UN spending, China has become the second-largest funder of UN peacekeeping missions. It now has more peacekeepers in conflicts around the world than the four other permanent Security Council members combined. The move is pragmatic: Beijing gets more influence, and plum appointments in the United Nations’ governing bodies.

MARSYAS: There are seven keys to the great gate, Being eight in one and one in eight. First, let the body of thee be still, Bound by the cerements of will, Corpse-rigid; thus thou mayst abort The fidget-babes that tease the thought. Next, let the breath-rhythm be low, Easy, regular, and slow; So that thy being be in tune With the great sea's Pacific swoon. Third, let thy life be pure and calm Swayed softly as a well-to-live be bound To the one love of the Profound. Fifth, let the thought, divinely free From sense, observe its entity. Watch every thought that springs; enhance Hour after hour thy vigilance! Intense and keen, turned inward, miss No atom of analysis! Sixth, on one thought securely pinned Still every whisper of the wind! So like a flame straight and unstirred Burn up thy being in one word! Next, still that ecstasy, prolong Thy meditation steep and strong, Slaying even God, should He distract Thy attention from the chosen act! Last, all these things in one o'erpowered, Time that the midnight blossom flowered! The oneness is. Yet even in this, My son, though shalt not do amiss If thou restrain the expression, shoot Thy glance to rapture's darkling root, Discarding name, form, sight, and stress Even of this high consciousness; Pierce to the heart! I leave thee here: Thou art the Master. I revere Thy radiance that rolls afar, O Brother of the Silver Star!

The crucial question, then, is this: Is there any help to be found in the religion of Jesus that can be of value here? It is utterly beside the point to examine here what the religion of Jesus suggests to those who would be helpful to the disinherited. That is ever in the nature of special pleading. No man wants to be the object of his fellow’s pity. Obviously, if the strong put forth a great redemptive effort to change the social, political, and economic arrangements in which they seem to find their basic security, the whole picture would be altered. But this is apart from my thesis. Again the crucial question: Is there any help to be found for the disinherited in the religion of Jesus? Did Jesus deal with this kind of fear? If so, how did he do it? It is not merely, What did he say? even though his words are the important clues available to us. An analysis of the teaching of Jesus reveals that there is much that deals with the problems created by fear. After his temptation in the wilderness Jesus appeared in the synagogue and was asked to read the lesson. He chose to read from the prophet Isaiah the words which he declared as his fulfillment: The Spirit of the Lord is upon me, because he hath anointed me … to preach deliverance to the captives, and recovering of sight to the blind, to set at liberty them that are bruised, to preach the acceptable year of the Lord. And he closed the book.… And he began to say unto them, This day is this scripture fulfilled in your ears.

The same effort to conserve force was also evident in war, at the tactical level. The ideal Roman general was not a figure in the heroic style, leading his troops in a reckless charge to victory or death. He would rather advance in a slow and carefully prepared march, building supply roads behind him and fortified camps each night in order to avoid the unpredictable risks of rapid maneuver. He preferred to let the enemy retreat into fortified positions rather than accept the inevitable losses of open warfare, and he would wait to starve out the enemy in a prolonged siege rather than suffer great casualties in taking the fortifications by storm. Overcoming the spirit of a culture still infused with Greek martial ideals (that most reckless of men, Alexander the Great, was actually an object of worship in many Roman households), the great generals of Rome were noted for their extreme caution. It is precisely this aspect of Roman tactics (in addition to the heavy reliance on combat engineering) that explains the relentless quality of Roman armies on the move, as well as their peculiar resilience in adversity: the Romans won their victories slowly, but they were very hard to defeat. Just as the Romans had apparently no need of a Clausewitz to subject their military energies to the discipline of political goals, it seems that they had no need of modern analytical techniques either. Innocent of the science of systems analysis, the Romans nevertheless designed and built large and complex security systems that successfully integrated troop deployments, fixed defenses, road networks, and signaling links in a coherent whole.

[T]hat afternoon, Sergei Lavrov called me for the second time during the crisis. [...] “We have three demands,” he said. “What are they?” I asked. “The first two are that the Georgians sign the no-use-of-force pledge and that their troops return to barracks,” he told me. “Done,” I answered. [...] But then Sergei said, “The other demand is just between us. Misha Saakashvili has to go.” I couldn’t believe my ears and I reacted out of instinct, not analysis. “Sergei, the secretary of state of the United States does not have a conversation with the Russian foreign minister about overthrowing a democratically elected president,” I said. “The third condition has just become public because I’m going to call everyone I can and tell them that Russia is demanding the overthrow of the Georgian president.” “I said it was between us,” he repeated. “No, it’s not between us. Everyone is going to know.” The conversation ended. I called Steve Hadley to tell him about the Russian demand. Then I called the British, the French, and several others. That afternoon the UN Security Council was meeting. I asked our representative to inform the Council as well. Lavrov was furious, saying that he’d never had a colleague divulge the contents of a diplomatic conversation. I felt I had no choice. If the Georgians wanted to punish Saakashvili for the war, they would have a chance to do it through their own constitutional processes. But the Russians had no right to insist on his removal. The whole thing had an air of the Soviet period, when Moscow had controlled the fate of leaders throughout Eastern Europe. I was certainly not going to be party to a return to those days [688].

Multi-generational sexual child abuse is such a common cause of the proliferation of pedophilia that Hitler/Himmler research focused on this genetic trait for mind control purposes. While I personally could not relate to the idea of sex with a child, I had parents and brothers and sisters who did. I still believe that George Bush revealed today’s causation of the rapid rise in pedophilia through justifications I heard him state. The rape of a child renders them compliant and receptive to being led without question. This, Bush claims, would cause them to intellectually evolve at a rate rapid enough to “bring them up to speed” to grasp the artificial intelligence emanating from DARPA. He believed that this generation conditioned with photographic memory through abuse was necessary for a future he foresaw controlled by technology. Since sexual abuse enhanced photographic memory while decreasing critical analysis and free thought, there would ultimately be no free will soul expression controlling behavior. In which case, social engineering was underway to create apathy while stifling spiritual evolution. Nevertheless, to short sighted flat thinking individuals such as Bush, spiritual evolution was not a consideration anyway. Instead, controlling behavior in a population diminished by global genocide of ‘undesirables’ would result in Hitler’s ‘superior race’ surviving to claim the earth. Perceptual justifications such as these that were discussed at the Bohemian Grove certainly did not provide me with the complete big picture. It did, however, provide a view beyond the stereotyped child molester in a trench coat that helped in understanding the vast crimes and cover-ups being discussed at this seminar in Houston.

You already know what you know, after all—and, unless your life is perfect, what you know is not enough. You remain threatened by disease, and self-deception, and unhappiness, and malevolence, and betrayal, and corruption, and pain, and limitation. You are subject to all these things, in the final analysis, because you are just too ignorant to protect yourself. If you just knew enough, you could be healthier and more honest. You would suffer less. You could recognize, resist and even triumph over malevolence and evil. You would neither betray a friend, nor deal falsely and deceitfully in business, politics or love. However, your current knowledge has neither made you perfect nor kept you safe. So, it is insufficient, by definition—radically, fatally insufficient. You must accept this before you can converse philosophically, instead of convincing, oppressing, dominating or even amusing. You must accept this before you can tolerate a conversation where the Word that eternally mediates between order and chaos is operating, psychologically speaking. To have this kind of conversation, it is necessary to respect the personal experience of your conversational partners. You must assume that they have reached careful, thoughtful, genuine conclusions (and, perhaps, they must have done the work tha justifies this assumption). You must believe that if they shared their conclusions with you, you could bypass at least some of the pain of personally learning the same things (as learning from the experience of others can be quicker and much less dangerous). You must meditate, too, instead of strategizing towards victory. If you fail, or refuse, to do so, then you merely and automatically repeat what you already believe, seeking its validation and insisting on its rightness. But if you are meditating as you converse, then you listen to the other person, and say the new and original things that can rise from deep within of their own accord. It’s as if you are listening to yourself during such a conversation, just as you are listening to the other person. You are describing how you are responding to the new information imparted by the speaker. You are reporting what that information has done to you—what new things it made appear within you, how it has changed your presuppositions, how it has made you think of new questions. You tell the speaker these things, directly. Then they have the same effect on him. In this manner, you both move towards somewhere newer and broader and better. You both change, as you let your old presuppositions die—as you shed your skins and emerge renewed. A conversation such as this is one where it is the desire for truth itself—on the part of both participants—that is truly listening and speaking. That’s why it’s engaging, vital, interesting and meaningful. That sense of meaning is a signal from the deep, ancient parts of your Being. You’re where you should be, with one foot in order, and the other tentatively extended into chaos and the unknown. You’re immersed in the Tao, following the great Way of Life. There, you’re stable enough to be secure, but flexible enough to transform. There, you’re allowing new information to inform you—to permeate your stability, to repair and improve its structure, and expand its domain. There the constituent elements of your Being can find their more elegant formation. A conversation like that places you in the same place that listening to great music places you, and for much the same reason. A conversation like that puts you in the realm where souls connect, and that’s a real place. It leaves you thinking, “That was really worthwhile. We really got to know each other.” The masks came off, and the searchers were revealed. So, listen, to yourself and to those with whom you are speaking. Your wisdom then consists not of the knowledge you already have, but the continual search for knowledge, which is the highest form of wisdom.

The information in this topic of decision making and how to create and nurture it, is beneficial to every cop in their quest to mastering tactics and tactical decision making and are a must read for every cop wanting to be more effective and safe on the street. My purpose is to get cops thinking about this critical question: In mastering tactics shouldn’t we be blending policy and procedure with people and ideas? It should be understandable that teaching people, procedures helps them perform tasks more skillfully doesn’t always apply. Procedures are most useful in well-ordered situations when they can substitute for skill, not augment it. In complex situations, in the shadows of the unknown, uncertain and unpredictable and complex world of law enforcement conflict, procedures are less likely to substitute for expertise and may even stifle its development. Here is a different way of putting it as Klein explains: In complex situations, people will need judgment skills to follow procedures effectively and to go beyond them when necessary.3 For stable and well-structured tasks i.e. evidence collection and handling, follow-up investigations, booking procedures and report writing, we should be able to construct comprehensive procedure guides. Even for complex tasks we might try to identify the procedures because that is one road to progress. But we also have to discover the kinds of expertise that comes into play for difficult jobs such as, robbery response, active shooter and armed gunman situations, hostage and barricade situations, domestic disputes, drug and alcohol related calls and pretty much any other call that deals with emotionally charged people in conflict. Klein states, “to be successful we need both analysis (policy and procedure) and intuition (people and ideas).”4 Either one alone can get us into trouble. Experts certainly aren’t perfect, but analysis can fail. Intuition isn’t magic either. Klein defines intuition as, “ways we use our experience without consciously thinking things out”. Intuition includes tacit knowledge that we can’t describe. It includes our ability to recognize patterns stored in memory. We have been building these patterns up all our lives from birth to present, and we can rapidly match a situation to a pattern or notice that something is off, that some sort of anomaly is warning us to be careful.5

Sociobiologist Edward O. Wilson later said that there should be a “consilience” between art and science. 79 Former NASA astronaut Mae Jemison took selected images with her on her first trip to space, including a poster of dancer and former artistic director of the Alvin Ailey American Dance Theater Judith Jamison performing the dance Cry, and a Bundu statue from Sierra Leone, because, as she said, “the creativity that allowed us . . . to conceive and build and launch the space shuttle, springs from the same source as the imagination and analysis it took to carve a Bundu statue, or the ingenuity it took to design, choreograph, and stage ‘Cry.’ . . . That’s what we have to reconcile in our minds, how these things fit together.” 80 As a jazz musician once told me, musicians are mathematicians as well as artists. Morse’s story suggests that the argument started not because of the need to bring art and science together, but because they were once not so far apart. 81 When Frank Jewett Mather Jr. of The Nation stated that Morse “was an inventor superimposed upon an artist,” it was factually true. 82 Equally true is that Morse could become an inventor because he was an artist all the while. In one of the final paintings that laid him flat, the painting that failed to secure his last attempt at a commission, one he had worked fifteen years to achieve, Morse may have left a clue about his shift from art to invention, and the fact that the skills required for both are the same. He painted The House of Representatives (1822–23) as evidence of his suitability for a commission from Congress to complete a suite of paintings that still adorn the U.S. Capitol building. The painting has an odd compositional focus. In the center is a man screwing in an oil chandelier, preoccupied with currents. Morse was “rejected beyond hope of appeal” by the congressional commission led by John Quincy Adams. When he toured the picture for seven weeks—displayed in a coffee house in Salem, Massachusetts, and at exhibitions in New York, Boston, Middleton, and Hartford, Connecticut—it lost twenty dollars in the first two weeks. Compounded by a litany of embarrassing, near-soul-stealing artistic failures, he took to his bed for weeks, “more seriously depressed than ever.” This final rejection forced him to shift his energies to his telegraph invention. 83 By 1844 Morse went to the Capitol focused on a current that would occupy the work of Congress—obtaining a patent for the telegraph.

[T]he primary motive for the illness is the pleasure itself of remaining in the secure retreat of the childish situation once so unwillingly left behind.

Many people report that the greatest fear they face today is the fear of not having enough money to maintain their lifestyle throughout retirement. Does this sound like you? Social Security is still a vital role in retirement income. The greatest benefit Social Security provides is regular income that is guaranteed to increase over time and continue as long as you live. Keep in mind, Social Security taxes are just that – taxes. As a result, a worker’s retirement security is entirely dependent upon political decisions. Nevertheless, for now, this benefit makes Social Security one of the most valuable sources of income during one’s retirement. Unfortunately, most Americans do not know much about Social Security. They know even less about how to maximize the benefits that may help sustain them throughout retirement. Whether you are depending upon Social Security to make a significant impact on your retirement income or just a part of your entire financial portfolio, it would be wise to understand which claiming options are available to get the most out of your Social Security income. Even in these tough times and volatile markets, we help our clients take a comprehensive approach to their retirement planning. We offer a complimentary service that we call Social Security Maximization or SSI Max. There are hundreds of ways to claim your Social Security, but which one is right for you and your family? One simple mistake or misjudgment of the program can cost you thousands of dollars that you rightfully deserve. Download our free eBook: 4 Myths about Social Security Income to learn a few common misconceptions about Social Security Income. Find out your SSI Max Strategy Our team of experts use a proprietary system that links to the government’s official Social Security website. It only takes a few minutes to generate your SSI Max Report. Click here to see a sample report and act quickly to get your very own personalized report. Just schedule a call with me to find out your very own, optimal SSI Max Strategy! Click here to schedule now! P.S. – Be sure to ask me about including a “Shortfall Analysis” in your report. Our clients are LOVING this feature! Seriously! What is it? Our Advanced Case Design team builds a comprehensive financial plan best suited for your specific situation by considering all of your retirement vehicles. This is, without a doubt, the best retirement planning offer you will see in a very, very long time!

Retirement Lifestyle Planning There are four (4) major financial questions that you must be able to answer in order to know if your current or future plan will work for you. What rate of return do you have to earn on your savings and investment dollars to be able to retire at your current standard of living and have your money last through your life expectancy? How much do you need to save on a monthly or annual basis to be able to retire at your current standard of living and your money last your life expectancy? Doing what you are currently doing, how long will you have to work to be able to retire and live your current lifestyle till life expectancy? If you don’t do anything different than you are doing today, how much will you have to reduce your standard of livingat retirement for your money to last your life expectancy? Motto for Retirement Lifestyle Planning A solid financial plan is a powerful possession that offers a sense of peace and freedom. Our process allows us to determine appropriate strategies and help you understand how to achieve your goals and live your dreams. Our process stresses informed financial decision making. We encourage you to review all decisions with your team of tax and legal professionals. For the record, we are not tax or legal professionals and this information is not intended as tax or legal advice. Now we’d like to remind you that a well-executed financial plan requires diverse knowledge and utilizes some or all of the following strategies and services: -Retirement Lifestyle Planning Making the most of your employer-sponsored retirement plans and IRAs. Determining how much you need to retire comfortably. Managing assets before and during retirement including Social Security analysis. -Estate Planning Referring you to qualified Estate Attorneys to review your wills and trusts to help preserve your estate for your intended heirs by helping with beneficiary designations. Reducing exposure to estate taxes and probate costs. Coordinating with your tax and legal advisors. -Tax Management Helping to reduce your current and future tax burden by considering multiple strategies for review by your tax professional.Also, referring you to qualified tax specialists if needed. -Legacy Planning/Charitable Planning Creating a solid future for generations to come by ensuring that your legacy will live on through those you love or causes you care deeply about. -Risk Management Reviewing existing insurance policies. Recommending policy changes when appropriate. Finding the best policy for your individual wants and needs. -Investment Planning Determining your asset allocation needs. Helping you understand your risk tolerance. Recommending the appropriate investment vehicles to help you reach and exceed your goals.

When we think of architecting software, we tend to think first of classical technical activities, like modularizing systems, defining interfaces, allocating responsibility, applying patterns, and optimizing performance. Architects also need to consider security, usability, supportability, release management, and deployment options, among others things. But these technical and procedural issues must be balanced with the needs of stakeholders and their interests. Taking a―stakeholders and interests approach in requirements analysis is an excellent way to ensure completeness of requirements specifications for the software being developed.

This book does not agree with this view. It cannot be assumed that efficient asset allocation will result if investment decisions are made by the investing equivalent of kelp and plankton of the marine food chain—uneducated passive reactors whose goal in investing is to outperform a market consistently.

Second, my research showed that, by the middle of the twentieth century, the Chilean judicial ranks were no longer filled with elites (as they had been in the nineteenth century). Analysis of the background information I collected in my interviews, such as father’s occupation, high school attended, and family landholdings, revealed that almost 80 percent of respondents came from lower-middle to middle-class backgrounds, whereas only a small minority were of upper-middle to upper-class extraction. Because entry-level judicial posts were very low paying and not very prestigious, the judicial career attracted those who desired a stable income and career, rather than those who had the social connections or financial cushion to pursue a (potentially less secure) future in private legal practice (Couso 2002: 177). Thus, most judges serving in the 1970s and 1980s did not come from social backgrounds that would necessarily incline them to support a conservative social and political agenda.[32]

Intuitively we all know that it is better to feel than to not feel. Our emotions are not a luxury but an essential aspect of our makeup. We have them not just for the pleasure of feeling but because they have crucial survival value. They orient us, interpret the world for us, give us vital information without which we cannot thrive. They tell us what is dangerous and what is benign, what threatens our existence and what will nurture our growth. Imagine how disabled we would be if we could not see or hear or taste or sense heat or cold or physical pain. To shut down emotions is to lose an indispensable part of our sensory apparatus and, beyond that, an indispensable part of who we are. Emotions are what make life worthwhile, exciting, challenging, and meaningful. They drive our explorations of the world, motivate our discoveries, and fuel our growth. Down to the very cellular level, human beings are either in defensive mode or in growth mode, but they cannot be in both at the same time. When children become invulnerable, they cease to relate to life as infinite possibility, to themselves as boundless potential, and to the world as a welcoming and nurturing arena for their self-expression. The invulnerability imposed by peer orientation imprisons children in their limitations and fears. No wonder so many of them these days are being treated for depression, anxiety, and other disorders. The love, attention, and security only adults can offer liberates children from the need to make themselves invulnerable and restores to them that potential for life and adventure that can never come from risky activities, extreme sports, or drugs. Without that safety our children are forced to sacrifice their capacity to grow and mature psychologically, to enter into meaningful relationships, and to pursue their deepest and most powerful urges for self-expression. In the final analysis, the flight from vulnerability is a flight from the self. If we do not hold our children close to us, the ultimate cost is the loss of their ability to hold on to their own truest selves.

To accommodate the Hadith, it’s not uncommon for western cities with Muslim enclaves to place threatening make-shift signs warning non-Muslim visitors not to walk dogs anywhere near the area, lest they be violently attacked.37 The same can be said for Police ‘sniffer’ dogs where western Muslims have now begun to complain to authorities that the animal offends their sensibilities.38 Of course, pandering to the cult in fear of being labelled as ‘Islamophobic’ and intolerant, Police services in the United Kingdom may be reduced to attaching custom-made ‘bootees’ to their sniffer dogs when searching Mosques and Muslims’ homes.39 The irony is that despite these animals protecting all citizens’ security - including Muslims - western governments are quick to placate the organization by desperately falling over each other to expedite ‘tolerance’ of an intolerant ideology. Because

Ladies and Gentlemen we have the chance to harness this unique technology to transform the world. For instance predictions of a violent criminal can be transformed and they can join the military and fight on the front line, a potential terrorist could become a security specialist and a promiscuous female a seductive spy.

Up-front analysis helps us identify the smallest possible piece of work that will usefully achieve a business outcome using

This left, which strangely echoes a libertarian and even neoliberal ethic of ant-statism, is nurtured intellectually by thinkers such as Michel Foucault and all those who have reassembled postmodern fragmentations under the banner of a largely incomprehensible post-structuralism that favours identity politicsand eschews class analysis. Autonomist, anarchist, and localist perspectives and actions are everywhere in evidence. But to the degree that this left seeks to change the world without taking power, so an increasingly consolidated plutocratic capitalist class remains unchallenged in its ability to dominate the world without constraint. This new ruling class is aided by a security and surveillance state that is by no means loath to use its police powers to quell all forms of dissent in the name of anti-terrorism.

When interest rates move up, the stock market moves down, and vice versa. Investors should be fully aware of this relationship, as it is the most important factor to consider in assessing long-term trends in the securities market;

In 2020 Parliament’s Intelligence and Security Committee published a report on Russian influence in the UK. The report failed to gain as much attention as it deserved thanks in part to Prime Minister Boris Johnson dismissing it as an attempt to delegitimise the Brexit referendum. This was a shame because it was a thoughtful analysis of the kind of blind spot that has led Britain to accept money directly from Russian oligarchs, as well as from Russia-allied businessmen like Firtash, without looking into where it comes from.

If we examine the changes that take place during analysis we see that they apply to the very conditions that brought about the original conflicts. While in the course of a neurotic development all the stresses become more acute, therapy takes the opposite road. The attitudes that arose from the necessity of coping with the world in the face of helplessness, fear, hostility, and isolation become more and more meaningless and hence can be gradually dispensed with. Why, indeed, should anyone want to efface or sacrifice himself for persons he hates and who step on him if he has the capacity to meet others on an equal footing? Why should anyone have an insatiable desire for power and recognition if he feels secure within himself and can live and strive with others without the constant fear of being submerged? Why should anyone anxiously avoid involvement with others if he is able to love and is not afraid to fight?

This analysis leads me to conclude that DevSecOps should not be defined as a team consisting of development, operations and security roles. In fact, I believe that DevSecOps is a term that describes a cross-functional DevOps team that integrates security practices within their own processes to deliver secure software and infrastructure. To put it another way, DevSecOps is DevOps done securely. In the words of Eliza-May Austin, ‘DevSecOps teams simply don’t exist.

The man in charge of it, Zvi Lanir, sought Danny’s help. In the end, Danny and Lanir conducted an elaborate exercise in decision analysis. Its basic idea was to introduce a new rigor in dealing with questions of national security. “We started with the idea that we should get rid of the usual intelligence report,” said Danny. “Intelligence reports are in the form of essays. And essays have the characteristic that they can be understood any way you damn well please.” In place of the essay, Danny wanted to give Israel’s leaders probabilities, in numerical form.

Doing a break-even analysis: The payoff from different retirement dates A break-even analysis compares what you get in your lifetime if you pick different dates to collect Social Security. It’s a way to estimate your total payoff from retiring at an earlier date (with reduced monthly payments) and retiring at a later date (with higher monthly payments). This approach gets some criticism, because it can lead to a costly decision if you end up living longer than expected. Factors such as your health and other financial resources also should be weighed in deciding when it makes the most sense to claim retirement benefits. But I also know that many people care — understandably! — how much Social Security they may get in a lifetime. In general, if you die before reaching the break-even age, and you started collecting benefits at the earlier date, you come out ahead. If you live beyond your break-even age but started benefits at the later date, you also come out ahead, because those bigger payments add up over time. Where you lose out is if you die before reaching the break-even age (and you started collecting larger benefits at the later date) or if you die after your break-even age (and you started smaller benefits at the earlier date). The break-even approach is a common tool recommended by financial planners, and it can provide perspective. But it’s just one consideration. The more you care about how your benefits add up over a lifetime, the greater weight you may give a break-even calculation. The more you care about ending up with the biggest monthly benefit, the greater weight you may give to delaying your claim for Social Security.

Buffett’s thesis on Cleveland Worsted Mills was straightforward. The stock sold for below its net current asset value and at a bargain P/E multiple. The worsted manufacturer was consistently profitable and paid a fat dividend. By 1952, having graduated from Columbia and now an employee at Buffett-Falk, Buffett liked the stock enough to write a brief report on it, stating, “The $8 dividend provides a well-protected 7% yield on the current price of approximately $115.”86 The stock had been cheap for some time. Buffett, in fact, had held the stock in 1951, selling at a slight loss as he invested his capital in companies like GEICO and Timely Clothes. Ben Graham also liked the stock, having made the Cleveland firm a 1.5% position in the Graham-Newman fund and including the company in the 1951 edition of Security Analysis in a table titled “Six Common Stocks Undervalued in 1949,” along with Marshall-Wells.87

The valuation analysis was simple—anyone could see the stock was incredibly cheap. But it had been traded below net cash for several years before the company distributed cash to shareholders. Returning the cash was the critical factor in driving excellent returns. Assuming Buffett bought the stock in 1954 at $35 and sold in 1957 (having received the $50 per share distribution and a few dollars extra in dividends) when it traded between $20 and $28, he would have more than doubled his money and earned around a 30% IRR.135 The stock didn’t work because it was cheap—it worked because management returned capital to shareholders. The other securities discussed in this book were also incredible bargains—but it took action to drive wonderful returns for shareholders.

... the value of the pledged property is vitally dependent on the earning power of the enterprise.

... investors are constitutionally averse to buying into a troubled situation.

... generally speaking there can be no high-grade obligations of a weak enterprise.

You gotta know when to hold em’ and you gotta know when to fold em’!

I quickly convinced myself that the true key to material happiness lay in a modest standard of living which could be achieved with little difficulty under almost all economic conditions”—the margin-of-safety idea applied to personal finance.21

The Intelligent Investor, Security Analysis, and The Wealth of Nations.

We are convinced that the public generally will derive far better results from fixed-value investments, if selected with exceeding care, than from speculative operations, even though these may be aided by considerable education in financial matters.

The lessons of big data apply as much to the public sector as to commercial entities: government data’s value is latent and requires innovative analysis to unleash. But despite their special position in capturing information, governments have often been ineffective at using it. Recently the idea has gained prominence that the best way to extract the value of government data is to give the private sector and society in general access to try. There is a principle behind this as well. When the state gathers data, it does so on behalf of its citizens, and thus it ought to provide access to society (except in a limited number of cases, such as when doing so might harm national security or the privacy rights of others).

In writing the first edition of Japan’s International Relations we aimed to provide a comprehensive analysis of Japan as a normal state, rather than as an aberrant or abnormal state.

The recklessness of the governments of two terrestrial countries has been obvious, when they have ordered their combat pilots to attack our space and scout ships, as soon as they are detected on their radar. This is highly dangerous for the crew members of your airplanes, because if they approach our gravitational field, their engines and controls become inoperative. In this way, several have lost their lives . . . They do not seem to understand that our orders are clear, not to harm their craft. Otherwise, at least 50 of their planes would have been destroyed. We are aware that many high-ranking military personnel and scientists have been silenced under the pretense of endangering the security of their countries, if public statements were to be made. This is another serious mistake of those governments. If we had any ambition or desire to conquer this planet, we would have done it 300 years ago, when the population could not have opposed any resistance. Even now, it would not be difficult to do. This phase is alternative: we shall continue making appearances, landings, contacts, all over the world, more and more frequently, as planned. You will be responsible for the education of the people in the different countries . . . using all means available. This is a difficult task, because you will be left to your own means [and] you will have against you those who do not take you seriously, and the dark machinations of the great established powers on your planet, hampering, creating doubts, and attacking you as promoters of this knowledge . . . After many years of observation and analysis of your world . . . the conclusion was that humankind, with few exceptions, were a barbarian horde . . . from the deepest levels of their spirit, and utterly incorrigible. Nevertheless, because of the merit of the few, [we are giving] direct help to many men, instructing them. It requires in many cases their evacuation from this planet, to a special place where they will be provided with a new conscience, to be transmitted afterwards to their fellow men . . . The disappearances of such people from Earth have already begun . . . This procedure holds the key to the future of your planet.

The market made up new standards as it went along, by accepting the current price - however high - as the sole measure of value. Any idea of safety based on this uncritical approach was clearly illusory and replete with danger.

Investment must always consider the price as well as the quality of the security.

An investment operation is one that can be justified on both qualitative and quantitative grounds.

... The soundness of the best investments must rest not upon legal rights or remedies but upon ample financial capacity of the enterprise.

The essence of proper bond selection consists, ... in obtaining specific and convincing factors of safety in compensation for the surrender of participation in profits.

Interest rates are critical for information-theory economic analysis because they are an index of real economic conditions. If the government manipulates them, they will issue false signals, breeding confusion that undermines entrepreneurial activity. For example, if the government keeps interest rates artificially low for institutions that finance it—as it has been doing in the United States—the channel is seriously distorted. The interest rates are noise rather than signal. Interest rates near zero cause finance to hypertrophy as privileged borrowers reinvest government funds in government securities. Only a small portion of these funds goes to useful “infrastructure,” while the rest is burned off in consumption beyond our means.

However, as we have shown above, this is not how the passage was intended to be read. Rather, it is a dramatic statement of the central truth that no matter what the forces of evil may throw at God’s people, in the final analysis God’s purpose and victory stand secure. For

It is our view that stock-market timing cannot be done, with general success, unless the time to buy is related to an attractive price level, as measured by analytical standards. Similarly,

Human beings invent myth, ideology, and religion as means of denying reality and replacing death with palliative fantasies. Helplessness and death are blows to human narcissism. Human beings create illusions about themselves, lie to themselves as a means to feel secure and less vulnerable.

One cannot examine the actions of the Secret Service on November 22, 1963, without concluding that the Service stood down on protecting President Kennedy. Indeed, the 120-degree turn into Dealey Plaza violates Secret Service procedures, because it required the presidential limousine to come to a virtual stop. The reduction of the president’s motorcycle escort from six police motorcycles to two and the order for those two officers to ride behind the presidential limousine also violates standard Secret Service procedure. The failure to empty and secure the tall buildings on either side of the motorcade route through Dealey Plaza likewise violates formal procedure, as does the lack of any agents dispersed through the crowd gathered in Dealey Plaza. Readers who are interested in a comprehensive analysis of the Secret Service’s multiple failures and the conspicuous violation of longstanding Secret Service policies regarding the movement and protection of the president on November 22, 1963, should read Vince Palamara’s Survivor’s Guilt: The Secret Service and the Failure to Protect. The difference in JFK Secret Service protection and its adherence to the services standard required procedures in Chicago and Miami would be starkly different from the arrangements for Dallas. Palamara established that Agent Emory Roberts worked overtime to help both orchestrate the assassination and cover up the unusual actions of the Secret Service in the aftermath. Roberts was commander of the follow-up car trailing the presidential limousine. Roberts covered up the escapades of his fellow secret servicemen at The Cellar, a club in downtown Ft. Worth, where agents, some directly responsible for the safety of President Kennedy during the motorcade, drank until dawn on November 22. He also ordered a perplexed agent Donald Lawton off the back of the presidential limousine while at Love Field, thus giving the assassins clearer, more direct shots and more time to get them off. Also, although Roberts recognized rifle fire being discharged in Dealey Plaza, he neglected to mobilize any of the agents under his watch to act. To mask the inactivity of his agents, Roberts, in sworn testimony, falsely increased the speed of the cars (from 9–11 mph to 20–25 mph) and the distance between them (from five feet to 20–25 feet).85 No analysis of the Secret Service’s actions on the day of the assassination can be complete without mentioning that Secret Service director James Rowley was a former FBI agent and close ally of FBI Director J. Edgar Hoover, as well as a crony of Lyndon Johnson. Hoover was one of Johnson’s closest associates. The FBI Director would take the unusual step of flying to Dallas for a victory celebration in 1948 when Johnson illegally stole his Senate seat through election fraud. Johnson and Hoover were neighbors in the Foxhall Road area of the District of Columbia. Hoover’s budget would virtually triple during the years LBJ dominated the appropriations process as Senate Majority Leader. Rowley was a protégé of the director and one of the few men who left the FBI on good terms with Hoover. Rowley’s first public service job in the Roosevelt administration was arranged for him by LBJ. The neglect of assigning even one Secret Service agent to secure Dealey Plaza, as well as cleaning blood and other relatable pieces of evidence from the presidential limousine immediately following the assassination, seizing Kennedy’s body from Parkland Hospital to prevent a proper, well-documented autopsy, failing to record Oswald’s interrogation—all were important pieces of the assassination deftly executed by Rowley.

Biodiesel washing Biodiesel washing with water is the oldest and most usual technique of cleaning. Throughout 3% of crude unwashed biodiesel is methanol. Methanol is an aqueous solvent, it obtains soap and other pollutants and grips them solvent in the biodiesel. Water absorbs up that methanol, and discharging pollutants to be washed beyond with water. Biodiesel will have water left in the Biodiesel Washing. The methanol liquid and reduced in water makes water washing the secured way to neat and clean biodiesel. Most drywash procedure depend upon ourselves vanish or condense the methanol into a combustible and harmful gas as part of the distillation procedure. Consumed wash water can be used for sprinkling after the nominal analysis. Other wash methods produce uncertain waste streams that are crucial to adapt off.

Benjamin Graham, the author of Security Analysis, a classic guide to investing.

Measurement without analysis and action wastes time and money and contributes to uncertainty and risk rather than reducing them.

that are closely related to the daily lives of the people. In this way, the ACRC will upgrade the capacity of analysts by effectively using the Complaint Analysis System, securing professionals who have much experience and knowledge to preemptively figure out the social implications and lessons to be reflected in policies among the voluminous complaints, and opening training courses

Chris Krueger, long-time Capitol Hill watcher for Guggenheim Securities, says the people expecting this kind of kumbaya moment are “Pollyannas”. He said: “My reading of the White House is that they already feel pretty good about their legacy, having done what no administration since Harry Truman has done and extended access to healthcare.” These are the facts on the ground, which bode ill for investors, but there is a conundrum: history suggests we are at a point in the political cycle when markets usually do well. After some volatility around the midterms, the stock market has historically settled into a very strong year in the third year of the presidential cycle, according to an analysis by Jeff Hirsch, editor of the Stock Trader’s Almanac. Sweeping in 180 years of data on the Dow Jones Industrial Average and predecessor indices, he calculates the average Year 3 gain to be 10.4 per cent, almost double the next best year, the presidential election year itself.

Principle for the securities analyst: Nearly every issue might conceivably be cheap in one price range and dear in another.

The recurrent excesses of its advances and declines are due at bottom to the fact that, when values are determined chiefly by the outlook, the resultant judgments are not subject to any mathematical controls and are almost inevitably carried to extremes.

It must never be forgotten that a stockholder is an owner of the business and an employer of its officers. He is entitled not only to ask legitimate questions but also to have them answered, unless there is some persuasive reason to the contrary.

And I suspect that Graham and Dodd have been ignored by those who suffer from the misconception that trying to make serious money requires that one take serious risks.

According to a former drone operator for the military’s Joint Special Operations Command, the National Security Agency often identifies targets for drone strikes based on controversial metadata analysis and cell phone tracking technologies—an unreliable tactic that results in the deaths of innocent or unidentified people. Rather than confirming a target’s identity with operatives or informants on the ground, the CIA or the U.S. military orders a strike based on the activity and location of the mobile phone a person is believed to be using.

Texaco's unusual situation can be summarized in one sentence, often repeated by Graham and Dodd disciple Warren Buffett: A great investment opportunity occurs when a marvelous business encounters a onetime huge, but solvable, problem.

Security Analysis. In

Security analysis, as a study, must necessarily concern itself as much as possible with principles and methods which are valid at all times—or, at least, under all ordinary conditions.

In all of these instances he appears to be concerned with the intrinsic value of the security and more particularly with the discovery of discrepancies between the intrinsic value and the market price.

We must recognize, however, that intrinsic value is an elusive concept.