Those who matter don't mind, and those who mind don't matter.

A man sentenced to death obtained a reprieve by assuring the king he would teach his majesty's horse to fly within the year - on the condition that if he didn't succeed, he would be put to death at the end of the year. "Within a year," the man explained later, "the king may die, or I may die, or the horse may die. Furthermore, in a year, who knows? Maybe the horse will learn to fly." My philosophy is like that man's. I take the long-range view.

The ability to express an idea is well nigh as important as the idea itself.

You can overcome anything if you don't bellyache.

Don't speculate unless you can make it a full time job.

Learn to take losses quickly and cleanly. There is something about inside information which seems to paralyze a man's reasoning powers. Beware of barbers, beauticians, waiters - or anyone - bringing gifts of 'inside' information or tips. Don't try to be a jack of all investment. Stick to the field you know best.

Society can progress if men's labors show a profit - if they yield more than is put in. To produce at a loss must leave less for all to share.