I am sure that the power of vested interests is vastly exaggerated compared with the gradual encroachment of ideas.

Government machinery has been described as a marvelous labor saving device which enables ten men to do the work of one.

The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is generally understood. Indeed, the world is ruled by little else.

I feel no shame at being found still owning a share when the bottom of the market comes…I would go much further than that. I should say that it is from time to time the duty of a serious investor to accept the depreciation of his holdings with equanimity and without reproaching himself. … An investor…should be aiming primarily at long-period results, and should be solely judged by these.

The key to selecting the winner isn't choosing the face you think is the most beautiful but rather the face other people will pick

... a speculator is one who runs risks of which he is aware and an investor is one who runs risks of which he is unaware.

Men will not always die quietly.