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" ... Cookbooks make lots of fuss about the composition of meats in a meatball. "Beef must be mixed with pork!" screams one. "Only three meats (like beef, veal, pork) makes the ideal meatball!" says another. Etc, etc, etc. Ratio, ratio, ratio. To me, the meat-composition issue is overrated! I often use beef only…and, as long as I do all the right things, it comes out very well. However…since consistency is the hobgoblin of little minds…on this last meatball run, I decided to mix 50% beef…with 50% ground mortadella! I simply cut a thick round of mortadella into chunks (all the same size)…then pulsed them for 30 seconds or so in the work bowl of a food processor, until the mortadella mass looked like minced meat. This combo with beef was GLORIOUS!—with a porky, slight funkiness as the anchor of the ball. ... "
" ... Emerson’s adage “A foolish consistency is the hobgoblin of little minds” doesn’t apply in money management. Bernie Madoff read this perfectly and worked out his trades solely on paper. For this, he’s serving 150 years. Those of us in the real world know that the market forever is the Great Humbler. Just read a dozen quarterly 13F filings. ... "
" ... Except... our current politicos are propagating the imaginary hobgoblin of a long-gone adversary. Pshaw. ... "
" ... The American poet and writer Ralph Waldo Emerson once wrote, “Foolish consistency is the hobgoblin of small minds.” While the stock and risk mania has continued throughout 2020 and into 2021, as evidenced by sky-high valuations in much of the tech arena (i.e. FAANG stocks) and the record number of IPOs in 2020 (480 in the U.S. and during a pandemic no-less), we have certainly seen “foolish consistency” while investors continuously suffer from the “fear of missing out.” ... "