Bob Edwards Interviews Elie Wiesel

Wiesel

In June of 2008 master interviewer Bob Edwards spends the hour with Nobel Peace Prize winner, author, activist and Holocaust survivor Elie Wiesel. As a teenager Wiesel was separated from his mother and sisters and watched his father die in a concentration camp. Wiesel survived Auschwitz and was a prisoner at Buchenwald when Edward R. Murrow reported on its liberation. Now Wiesel is a professor and the chairman of the Elie Wiesel Foundation for Humanity.

This superb interview is available for free on iTunes.

Some Thoughts About the Stock Market

I will say in advance that I have absolutely no idea what the stock market will do in the future. But I have been trying to gain some historical perspective. Since 1965, the market’s three worst years (as measured by the S&P 500 with dividends included) were: 1974 (down 26.4%), 2002 (down 22.1%) and 2008 (down 37%). In 1975, the market went up 37% and in 2003 it went up 28.7%. And the only three year period of down markets during this period is 2000 to 2003. The past doesn’t predict the future. Still, I know so many people who are selling stocks now and buying bonds. I wonder if this is wise. The market in my opinion will turn around. This could be the buying opportunity of a lifetime for those with funds to invest. And if you haven’t sold long before now, is now really the time to sell? Moreover, it’s also possible that the Stimulus legislation will result in inflation making fixed income investments less desirable than equities.

Walking to Promote Simple Living and Sustainability

Gregor Sieböck is an Austrian long distance walker who promotes simple and sustainable living. His website entitled Global Change has many motivating quotations and inspiring photographs. Mr. Sieböck has walked 15,000 km in three years to present alternatives for simple and sustainable living. I enjoy walking; it makes me feel centered. But Mr. Sieböck takes the cake.

On Letting Go . . .

Stages
by Hermann Hesse

As every flower fades and as all youth
Departs, so life at every stage,
So every virtue, so our grasp of truth,
Blooms in its day and may not last forever.
Since life may summon us at every age
Be ready, heart, for parting, new endeavor,
Be ready bravely and without remorse
To find new light that old ties cannot give.
In all beginnings dwells a magic force
For guarding us and helping us to live.

Serenely let us move to distant places
And let no sentiments of home detain us.
The Cosmic Spirit seeks not to restrain us
But lifts us stage by stage to wider spaces.
If we accept a home of our own making,
Familiar habit makes for indolence.
We must prepare for parting and leave-taking
Or else remain the slaves of permanence.

Even the hour of our death may send
Us speeding on to fresh and newer spaces,
And life may summon us to newer races.
So be it, heart: bid farewell without end.