The greatest blessing of our democracy is freedom. But in the last analysis, our only freedom is the freedom to discipline ourselves.

Old books that have ceased to be of service should no more be abandoned than should old friends who have ceased to give pleasure.

If a speculator is correct half of the time, he is hitting a good average. Even being right 3 or 4 times out of 10 should yield a person a fortune if he has the sense to cut his losses quickly on the ventures where he is wrong.

The terror created by weaponry has never stopped men from employing them.

You can overcome anything if you don't bellyache.

Our problem in money-making or government affairs is how to remain properly venturesome and experimental without making fools of ourselves.

If you have made a mistake cut your losses as quickly as possible.