$PIPPIN The only lesson humanity learns from history is that humanity can never learn lessons from history. We can never buy at the absolute lowest point and sell at the absolute highest point, but we can always buy at relatively low points and sell at relatively high points. The truth of investing is nothing more than selling high and buying low. Everything else beyond this is tactics, not principle. Be more resolute, damn it, be more resolute as a person. Better to die as a bull than live as a bear.