When interest rates are low we have conditions for asset bubbles to develop, and they are developing at the moment. The ultimate asset bubble is gold.

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.

We worship the same God and we carry the same sins.

Education is the future of a nation

That's the thing about making a movie: You never finish editing. They just take it away from you.

We just became very good friends [with Dwight Eisenhower], we played golf, we played heart exhibitions. Then his doctor said he should not play golf anymore.

Ahhh, I love to love you baby, ahhh.

Honer and self sacrifice. Death does not diminish these qualities in a soldier. We shall remember.

Be this thy brazen bulwark, to keep a clear conscience, and never turn pale with guilt.

There is not economy in getting cheap service or equipment. Buy the best and cry only once.

Often a sign of expertise is noticing what doesn't happen.

Of course there are people who think of 'heaven' as a kind of pie-in-the-sky dream of an afterlife to make the thought of dying less awful. No doubt that's a problem as old as the human race.