No matter how skillful the trading scheme, over the long haul, abnormal returns are sustained only through abnormal exposure to risk.

I'm not denying that monopolies are terrible things, but I am denying that it is readily easy to resolve them through legislation of that nature.

Now, I only play very occasionally, and in fact, more piano than clarinet or sax.

Greenspan, who knew so much more than most, knew far less than most supposed.

The process of innovation is, of course, never ending.

If you think you understand what I am saying you do not understand what I am saying.

If I've made myself clear, I've misspoken.