Although the shooting war is over, we are in the midst of a cold war which is getting warmer.

There are no such things as incurables. There are only things for which man has not found a cure.

Government is not a substitute for people, but simply the instrument through which they act. And if the individual fails to do his duty as a citizen, government becomes a very deadly instrument indeed.

Unless each man produces more than he receives, increases his output, there will be less for him than all the others.

I have known men who could see through the motivations of others with the skill of a clairvoyant; only to prove blind to their own mistakes. I have been one of those men.

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.

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