Aristotle and the Prudent Investor (6/12/07)
I read the following from a News Letter and thought it apropriate for your attention.
From Forcasts & Strategies.
"Aristotle, the Greek philosopher, lived 2400 years ago. What can he teach us today? He was above all, a practicle advisor to business and political leaders in ancient Athens. His most famous student was Alexander the Great, who conquered the known world and tried to imbue himself with the principles of the good life taught by his mentor.
Above all, Aristotle preached the virtue of balance between earning, learning, playing, loving, and serving. By keeping a proper balance between excess and deficiency, the ultimate goal in life - personal happiness - can be reached. In Aristotle's mind, every virtue has 2 vices. He uses the example of couraage. He asks, What is the opposite of courage? You might answer, cowardice," and you would be right. Aristotle suggests that there are 2 extremes: Cowardice and recklessness. He writes, "The mean as concerns fear and confidence is courage: those that exceed in fearlessness are foolhardy, while those who exceed in fear are cowardly."
Continued Tomorrow.
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