If we were not in Vietnam, all that part of the world would be enjoying the obscurity it so richly deserves.

Authorship of any sort is a fantastic indulgence of the ego.

Preservationists are the only people in the world who are invariably confirmed in their wisdom after the fact.

The oldest [John Kenneth] Galbraith rule is that when you hear that a new era has dawned, you should take cover.

No intelligence system can predict what a government will do if it doesn't know itself.

Meetings are a great trap. Soon you find yourself trying to get agreement and then the people who disagree come to think they have a right to be persuaded. However, they are indispensable when you don't want to do anything.

The stock market is but a mirror which provides an image of the underlying or fundamental economic situation. Cause and effect run from the economy to the stock market, never the reverse. In 1929 the economy was headed for trouble. Eventually that trouble was violently reflected in Wall Street.