Investing Quote by Justice Holmes
“[W]hen men have realized that time has upset many fighting faiths, they may come to believe . . . that the best test of truth is the power of the thought to get itself accepted in the competition of the market, and that truth is the only ground upon which their wishes safely can be carried out.”
About This Quote
Truth is tested by market acceptance; the best test is whether an idea can survive competition.
In simple terms: Truth succeeds if it wins market competition.
Test ideas in real-world contexts.
Themes
Mood
Type
When to use this quote
- policy making
- business strategy
- public discourse
Key Concepts
Questions to Reflect On
- How does profit influence truth?
- Can unpopular ideas be true?
Market forces may not reflect moral truth.