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.

No man should think himself a zero, and think he can do nothing about the state of the world.

Approach each new problem not with a view of finding what you hope will be there, but to get the truth.

Be quick to praise people. People like to praise those who praise them.

The stock market is people.

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

America has never forgotten - and never will forget - the nobler things that brought her into being and that light her path...