After all, I believe that legends and myths are largely made of 'truth'.

What a pity that Bilbo did not stab that vile creature, when he had a chance!' Pity? It was Pity that stayed his hand. Pity, and Mercy: not to strike without need. And he has been well rewarded, Frodo. Be sure that he took so little hurt from the evil, and escaped in the end, because he began his ownership of the Ring so. With Pity.

It is useless to meet revenge with revenge; it will heal nothing.

The Bagginses had lived in the neighbourhood of The Hill for time out of mind, and people considered them very respectable, not only because most of them were rich, but also because they never had any adventures or did anything unexpected: you could tell what a Baggins would say on any question without the bother of asking him.

All we have to decide is what to do with the time that is given us.

And amid all the splendours of the World, its vast halls and spaces, and its wheeling fires, Ilúvatar chose a place for their habitation in the Deeps of Time and in the midst of the innumerable stars.

Where did you go to, if I may ask?' said Thorin to Gandalf as they rode along. To look ahead,' said he. And what brought you back in the nick of time?' Looking behind,' said he.