We have never considered any costs as fixed. Therefore we first reduce the price to a point where we believe more sales will result. Then we go ahead and try to make the price. We do not bother about the costs. The new price forces the cost down.

You take all the experience and judgment of men over 50 out of the world and there wouldn't be enough left to run it.

Failure is the chance to do it better next time.

If money is your hope for independence you will never have it. The only real security that a man will have in this world is a reserve of knowledge, experience, and ability.

Anybody can do anything that he imagines.

We now know that anything which is economically right is also morally right. There can be no conflict between good economics and good morals.

If governments would only understand that if people are left alone they'll work out their own salvation.