It is a socialist idea that making profits is a vice; I consider the real vice is making losses.
Winston ChurchillRead
Everyone can recognize history when it happens. Everyone can recognize history after is has happened; but only the wise man knows at the moment what is vital and permanent, what is lasting and memorable.
Interpretation
Wisdom involves perceiving significant events as they unfold, rather than merely acknowledging their impact afterwards.
This quote emphasizes the importance of wisdom in recognizing and understanding pivotal moments in history as they occur. While many can see the significance of events in hindsight, it is the wise individual who possesses the insight and foresight to identify what truly matters and will endure well into the future.
In practice
In a speech reflecting on significant historical events, this quote serves to remind the audience of the importance of discernment.
It is a socialist idea that making profits is a vice; I consider the real vice is making losses.
The United States is like a gigantic boiler. Once the fire is lit under it, there's no limit to the power it can generate.
Politics is almost as exciting as war, and quite as dangerous. In war you can only be killed once, but in politics many times.
I will not pretend that if I had to choose between communism and Nazism I would choose communism.
Mountaintops inspire leaders but valleys mature them.
True genius resides in the capacity for evaluation of uncertain, hazardous, and conflicting information.
Without cunning, there is no innovation. Without ambition, there is no accomplishment.
Our abode in this world is transitory, our life therein is but a loan, our breaths are numbered and our indolence is manifest.
A man is not old until regrets take the place of dreams.
We signal that good can be achieved amongst human beings who are prepared to trust, prepared to believe in the goodness of people.
We complain today that ministers do not know how to preach; but is it not equally true that our congregations do not know how to hear?
Overcome the angry by non-anger; overcome the wicked by goodness; overcome the miser by generosity; overcome the liar by truth.
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