Short term volatility is greatest at turning points and diminishes as a trend becomes established

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.

I've learned one thing: you can only really get to know a person after a row. Only then can you judge their true character!

Admirations are never paid in any way, try to make yourself of what you admire, and it will pay you with originality.

To throw away an honest friend is as it were to throw your life away.

War - hard apprenticeship of freedom.

If it's total freedom, I guess the ultimate thing you can go into is total silence between the audience and performer, with the performer projecting something he doesn't even have to play.

Youth is the season of receptivity, and should be devoted to acquirement; and manhood of power--that demands an earnest application. Old age is for revision.

Evil knows no holiday.

As we are - the world is.

The security of the Nation is not at the ramparts alone. Security also lies in the value of our free institutions.

When schemes are laid in advance, it is surprising how often the circumstances will fit in with them.