Investing is an activity of forecasting the yield over the life of the asset; speculation is the activity of forecasting the psychology of the market.

The difficulty lies, not in the new ideas, but in escaping from the old ones.

Capitalism is the extraordinary belief that the nastiest of men, for the nastiest of reasons, will somehow work for the benefit of us all.

By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.

When the facts change, I change my mind.

It is better to be roughly right than precisely wrong.

The biggest problem is not to let people accept new ideas, but to let them forget the old ones.

If farming were to be organised like the stock market, a farmer would sell his farm in the morning when it was raining, only to buy it back in the afternoon when the sun came out.

The outstanding faults of the economic society in which we live are its failure to provide for full employment and its arbitrary and inequitable distribution of wealth and incomes.

Long run is a misleading guide to current affairs. In the long run we are all dead.

The boom, not the slump, is the right time for austerity at the Treasury.

The traveler knows the grace of travel.

I did a play I think my first six months on the show, called Bullpen. Then I got involved with Theater Forty and did this play called Plastic which is about two male models coming to a casting call.

Here everybody has a neighbor Everybody has a friend Everybody has a reason to begin again.

As for a future life, every man must judge for himself between conflicting vague probabilities.

It's always frustrating when you leave people on base.

I'm not a materialist, I don't care for things. I don't like cars, I hate things that can be exploited. I live a simple life. The only luxuries I have in my life are travel and food.

Giving in a regular, disciplined, generous way-up to and beyond the tithe-is simply good sense in view of the promises of God.

All prayers are answered. We need to distinguish between a prayer unanswered, and one not answered how or when we would like it to be.

Become aware of what is in you. Announce it, pronounce it, produce it, and give birth to it.

Before we can even begin to grapple with the frustrations and tragedies of life in this world, we must do away with our faithless morality of payback and reward.