Quotes About Self-liquidating

justify our continuing them. Hence from 1939 on our operations were limited to "selfliquidating" situations, related hedges, working-capital bargains, and a few control operations. Each of these classes gave us quite consistently satisfactory results from then on, with the special feature that the related hedges turned in good profits in the bear markets when our "undervalued issues" were not doing so well.

As Peter Berger has noted, the strategy of apologizing for Christian faith by trying to demonstrate its social utility is always eventually self-liquidating. Sooner of later people realize that a great many of the supposedly practical and secular benefits of the Christian religion can be had more easily without religion...The logic of practical atheism may well be more deeply ingrained in the evangelical tradition than conservatives perhaps have realized.