Fundamental analysis seeks to establish how underlying values are reflected in stock prices, whereas the theory of reflexivity shows how stock prices can influence underlying values

Once we realize that imperfect understanding is the human condition there is no shame in being wrong, only in failing to correct our mistakes.

I'm not better than the next trader, just quicker at admitting my mistakes and moving on to the next opportunity.

There is no point in being confident and having a small position.

It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong

To others, being wrong is a source of shame; to me, recognizing my mistakes is a source of pride.

The main obstacle to a stable and just world order is the United States.

Now that I have called you on your false accusation, you are using additional smear tactics.

Esperanto was a very useful language, because wherever you went, you found someone to speak with.

Stock market bubbles don't grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception.

The sovereignty of states must be subordinated to international law and international institutions.

Patience and Impatience are having tea discussing Time. The conversation goes on endlessly.

The man recover'd of the bite The dog it was that died.

But we've got to work. We can't just live on reputations at all - by any means.

More and more, when I single out the person out who inspired me most, I go back to my grandfather.

When I started writing 'A Million Little Pieces,' I felt like it was the right story with the style I had been looking for, and I just kept going.

We forget that the accumulation of knowledge and the holding of convictions must finally result in the application of that knowledge and those convictions to life itself.

You have competition every day because you set such high standards for yourself that you have to go out every day and live up to that.

Anyway, my father became super-responsible. You know, he was the kind of person that absorbs all responsibility in the family, and then everybody else can act like a child in relation to him.

The Nugent family is a solid asset. What works for us would work for all humankind.

I've done so much stuff and it's all so different.