If a principle exists it must be immutable, for that is what a principle is - a truth standing apart from the mood of the times.

We are fully justified in valuing the life and person of an intended victim more highly than the life of a pernicious assailant. The attacker must be stopped. At once and completely.

Not long ago it was easy to tell who the bad guys were. They carried Kalashnikovs. Now it is much more complicated, but one thing is sure - any man who covers his face and packs a gun is a legitimate target for any decent citizen.

According to Herodotus, the ancient Persians felt that what was necessary in the background of a young man entering adulthood was his ability to ride, shoot straight, and speak the truth. Perhaps we should now grant our college degrees to young men who measure up to that standard.

We are somewhat amused by the hysteria manifest in the press at the suggestion by Gordon Liddy that if one is menaced by bad guys (particularly the ninja) one is wise to shoot for the head. That statement has got a whole bunch of journalists and commentators bleeding from the nose. One wonders why it should. Where else should you shoot a man if he is probably wearing an armored vest? If you decide to shoot you have made the big decision. Where you place your shot is merely a technical matter.

Regardless of what we think we know and should happen the reality is that a lot of stock action is random. Therefore, money management is crucial if you want to be successful as a trader. To me, it`s the cornerstone of both making a living at trading and building wealth.

Without the institution of slavery, civilization would never have been achieved, for no one could ever have done anything intellectual if he had to spend all his time hewing and digging and fighting.