“The real reason that physicians are rotten investors is that it never occurs to them that finance is a science, just like medicine.”

Introduction, p. ix.
The Four Pillars of Investing (2002)

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William J. Bernstein 29
economist 1948

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“Goodness comes in many forms, not just medicine and science.”

Daniel Dennett (1942) American philosopher

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Context: Goodness comes in many forms, not just medicine and science. Thank goodness for the music of, say, Randy Newman, which could not exist without all those wonderful pianos and recording studios, to say nothing of the musical contributions of every great composer from Bach through Wagner to Scott Joplin and the Beatles. Thank goodness for fresh drinking water in the tap, and food on our table. Thank goodness for fair elections and truthful journalism. If you want to express your gratitude to goodness, you can plant a tree, feed an orphan, buy books for schoolgirls in the Islamic world, or contribute in thousands of other ways to the manifest improvement of life on this planet now and in the near future.
Or you can thank God — but the very idea of repaying God is ludicrous. What could an omniscient, omnipotent Being (the Man Who has Everything?) do with any paltry repayments from you? (And besides, according to the Christian tradition God has already redeemed the debt for all time, by sacrificing his own son. Try to repay that loan!) Yes, I know, those themes are not to be understood literally; they are symbolic. I grant it, but then the idea that by thanking God you are actually doing some good has got to be understood to be just symbolic, too. I prefer real good to symbolic good.
Still, I excuse those who pray for me. I see them as like tenacious scientists who resist the evidence for theories they don't like long after a graceful concession would have been the appropriate response. I applaud you for your loyalty to your own position — but remember: loyalty to tradition is not enough. You've got to keep asking yourself: What if I'm wrong? In the long run, I think religious people can be asked to live up to the same moral standards as secular people in science and medicine.

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“Without the aid of statistics nothing like real medicine is possible.”

Pierre Charles Alexandre Louis (1787–1872) French physician

Louis PCA. Medical statistics. Am J Med Sci 1837;21:525-8.
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“Certain s and physicians say that it is not possible for any one to know medicine who does not know what man is”

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Context: Certain s and physicians say that it is not possible for any one to know medicine who does not know what man is, and that who ever would cure men properly, must learn this in the first place. But this saying rather appertains to philosophy, as Empedocles and certain others have described what man in his origin is, and how he first was made and constructed. But I think whatever such has been said or written by sophist or physician concerning nature has less connexion with the art of medicine than with the art of painting. And I think that one cannot know anything certain respecting nature from any other quarter than from medicine... Wherefore it appears to me necessary to every physician to be skilled in nature, and strive to know... what man is in relation to the articles of food and drink, and to his other occupations, and what are the effects of each of them to every one.<!--pp. 174-175

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“Formerly, when religion was strong and science weak, men mistook magic for medicine; now, when science is strong and religion weak, men mistake medicine for magic.”

Thomas Szasz (1920–2012) Hungarian psychiatrist

"Science and Scientism", p. 115.
The Second Sin (1973)

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