Every aspect of personal life is radically affected by the quality of general life, and yet the general life is seen at its most important in completely personal terms.
Acknowledging what you don't know is the dawning of wisdom.
Show me the incentive and I will show you the outcome
Our biggest mistakes, were things we didn't do, companies we didn't buy.
Assume life will be really tough, and then ask if you can handle it. If the answer is yes, you've won.
Move only when you have an advantage. It's very basic. You have to understand the odds and have the discipline to bet only when the odds are in your favor.
'Crowd folly', the tendency of humans, under some circumstances, to resemble lemmings, explains much foolish thinking of brilliant men and much foolish behavior - like investment management practices of many foundations represented here today. It is sad that today each institutional investor apparently fears most of all that its investment practices will be different from practices of the rest of the crowd.
It might be added that corporations have no consciences, no beliefs, no feelings, no thoughts, no desires. Corporations help structure and facilitate the activities of human beings, to be sure, and their ‘personhood’ often serves as a useful legal fiction. But they are not themselves members of ‘We the People’ by whom and for whom our Constitution was established.
When I was small, I would refuse to drink when I ate fish because I thought the fish would reconstitute itself in my stomach
From my point of view it's impossible to cut debt in a country with new debt from another country.
I am a believer that color affects people's moods.