Colleges don't teach economics properly. Unfortunately we learn little from the experience of the past. An economist must know, besides his subject, ethics, logic, philosophy, the humanities and sociology, in fact everything that is part of how we live and react to one another.

The main purpose of the stock market is to make fools of as many men as possible.

I'll give you the bottom 10% and the top 10% of any move if I get to keep the middle 80%.

Whatever you do, do it with all your heart and soul.

We grow neither better or worse as we get old, but more like ourselves.

Whatever failures I have known, whatever errors I have committed, whatever follies I have witnessed in private and public life have been the consequence of action without thought.

When good news about the market hits the front page of the New York Times, sell.