Every bubble consists of a trend that can be observed in the real world and a misconception relating to that trend. The two elements interact with each other in a reflexive manner.

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.

If you would devote your time to an activity even if you didn’t receive payment, you have found a key to your destiny

Tear your heart out of your chest. And hand it to God. There is no other healing. I swear, there is no other healing.

That is the difference between good teachers and great teachers: good teachers make the best of a pupil's means great teachers foresee a pupil's ends.

A clear cold morning with high wind: we caught in a trap a large gray wolf, and last night obtained in the same way a fox who had for some time infested the neighbourhood of the fort.

He don't debate he concentrate on survivin' He don't like to drive if he's been drinkin' But he'll drink while he's drivin' He's the dude

Dogma is a lie reiterated and authoritatively injected into the mind of one or more persons who believe that they believe what someone else believes.

The only problem with the way they do my character is that they have her get redeemed too early.

Nothing truly convincing - which would possess thoroughness, vigor, and skill - has been written against the ancients as yet; especially not against their poetry.

Neil Young is the prime example, the grand goal, if you will. He's still shredding, and he never lost his credibility.

People who are given whatever they want soon develop a sense of entitlement and rapidly lose their sense of proportion.