The time of maximum pessimism is the best time to buy.

The correct description is that we try every day to become more humble when we talk about divinity, we try to realize how little we know and how open minded we should be. It's self centered to think that human beings, as limited as we are, can describe divinity.

See the investment world as an ocean and buy where you get the most value for your money. Right now the value is in non-callable bonds. Most bonds are callable so when they start going up in price, the debtor calls them away from you. But the non-callable bonds, especially those non-callable for 25-30 years, can go way up in price if interest rates go way down.

Anybody who had come up with a new concept would have been under suspicion for being out of step with the tradition or out of step with the teachings of the church.

While there are many problems, if one focuses on the bigger picture there are numerous reasons to be thankful for living in a time of remarkable progress and wonderful possibilities for the future.

Politicians who are willing to spend too much are the ones who get reelected.

If success were easy, then it would not necessarily be true success. Some of history's most successful people learned to cope with failure as a natural offshoot of the experimental and creative process and often learned more from their failures than their successes. By taking the attitude that failure is merely a detour on the way to our destination, hope can blossom into success.