Turnarounds Seldom Turn.

Our System Works. Over Time, People Will Live Better And Better. We Have A System That Unleashes Human Potential, And Now China Has A System That Unleashes Human Potential. We Will Have Interruptions. We Overshoot And Undershoot Sometimes, But Your Kids And Grandkids Will Live Better Than You. Over Time, We Move Ahead At A Pretty Damn Rapid Rate.

What We Learn From History Is That People Don't Learn From History.

Success In Investing Doesn’t Correlate With I.q. Once You Are Above The Level Of 25; Once You Have Ordinary Intelligence, What You Need Is The Temperament To Control The Urges That Get Other People Into Trouble In Investing.

Take Wrigley's Chewing Gum. I Don't Think The Internet Is Going To Change How People Chew Gum.

If You Cannot Control Your Emotions, You Cannot Control Your Money.