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“Education without social action is a one-sided value because it has no true power potential. Social action without education is a weak expression of pure energy. Deeds uninformed by educated thought can take false directions. When we go into action and confront our adversaries, we must be as armed with knowledge as they. Our policies should have the strength of deep analysis beneath them to be able to challenge the clever sophistries of our opponents.”

“While some might mistakenly consider value investing a mechanical tool for identifying bargains, it is actually a comprehensive investment philosophy that emphasizes the need to perform in-depth fundamental analysis, pursue long-term investment results, limit risk, and resist crowd psychology.”

“The calculus was the first achievement of modern mathematics and it is difficult to overestimate its importance. I think it defines more unequivocally than anything else the inception of modern mathematics; and the system of mathematical analysis, which is its logical development, still constitutes the greatest technical advance in exact thinking.”

“Iain Dowie famously coined the phrase 'bouncebackability' to describe Crystal Palace's ability to come from behind. But this is a typical manager's idea, so optimistic. What fans are interested in is 'throwawayability': which teams toss away hard-earned leads? Now we know that 'throwawayability' exists because we proved last season that 'bouncebackability' exists (although, hilariously, Palace don't have it) and 'throw-awayability' is the flip side of it.”

“The one great thing about football is that whatever happens it will manifest itself on the pitch. If it's right, you'll see it on the pitch, if it's wrong, it will be on the pitch. In business you can get fellas who are doing crooked deals and nobody knows anything about it. There is an ultimate honesty about football. Politics is part of the lying game, I wouldn't trust any of them. In football you can hide for a while, but ultimately the truth comes out. I always loved that.”

“It's not often you find yourself writing about a game that you haven't seen one kick of. But it's not often that the favourites lose 5-0 in one of their most important matches of the season. But all things considered - the difference between expectations of success and margin of victory, the fact of Strachan's debut, the injury to Chris Sutton, the joy it will bring Rangers fans, and the potential financial loss of going out of Europe completely in the first week in August - it is hard to remember the last defeat this bad for any team.”

“In comparison to the emotionally-charged axing of a striker, Ruud van Nistelrooy, who averaged 30 goals a season, even the sale of David Beckham for, in Real Madrid's opinion, "peanuts", and the never-explained departure of Jaap Stam appear to be the rational acts of a sage and far-sighted manger. To offload a player because he could not be reconciled with a role within the squad is a failing of management.”

“International friendly games are not worth the lives of the silk worms who perish to make the pennants. They do not even have the philanthropic excuse that softens the otherwise unendurable tedium of testimonial matches. Quite simply, they are rotten games staged to pick the public's pocket, tiresome red tape left over from an era when nations and players were still insular and therefore curious about each other's potential.”

“Speed is what makes the Premiership exciting. The millions who would have watched Manchester United and Chelsea would have seen a non-stop game in which the pace was electric even though the first half was a non-event. You could see a better technical game in Spain but for sheer frenetic movement there is nothing that comes close... Pace is more critical in the Premiership than in any other major league and if you don't have pace, you have to compensate with power or ability in the air and since Shevchenko has no power and is not particularly good in the air, he is in trouble.”

“United have spent all season commemorating the 50th anniversary of Busby's decision to defy the Football League and take the club on a tragic and triumphant journey into Europe, but no orchestrated event could conjure the celebrations ignited by last night's outstanding obliteration of Roma or deliver a more fitting tribute.”

“It is a certainty that Keegan would not have agreed to return unless Mike Ashley had committed to sanctioning a mammoth spending spree. The downside, which Keegan will soon discover, is the law of diminishing returns in a league that is now the richest in the world. The type of multi-million-pound investment that bankrolled the first Newcastle revival under Keegan is now two-a-penny. Buying success just isn't as easy as it used to be. The Premiership's paradox is that the more money there is, the more the art of management gains in value.”

“In a bygone era, penalty-takers would put their laces through the ball and threaten to put a permanent bulge in the netting. For reasons that remain a mystery, the modern preference is for side-footed placement and so the dilemma of goalkeepers has changed from whether to take a guess at dive right or left to if they should dive at all. Or at least that ought to have been their reappraisal. Almunia was feted as the hero in Rome but had he and Doni stayed in the centre of their goal then the number of saves they made in the shoot-out would have been doubled.”

“Ability to see the cultural value of wilderness boils down, in the last analysis, to a question of intellectual humility. The shallow-minded modern who has lost his rootage in the land assumes that he has already discovered what is important.”

“We need not be intimidated by the wine snob because we know that, in the last analysis, he is only putting on a front. He may know more than we do, but how little he knows in comparison with what there is to know Wine, a hobby as fascinating and as human as one can find. One of the most fascinating aspects of the wine-hobby is the extent to which you learn all the time”

“Among the current discussions, the impact of new and sophisticated methods in the study of the past occupies an important place. The new 'scientific' or 'cliometric' history-born of the marriage contracted between historical problems and advanced statistical analysis, with economic theory as bridesmaid and the computer as best man-has made tremendous advances in the last generation.”

“My favourite fellow of the Royal Society is the Reverend Thomas Bayes, an obscure 18th-century Kent clergyman and a brilliant mathematician who devised a complex equation known as the Bayes theorem, which can be used to work out probability distributions. It had no practical application in his lifetime, but today, thanks to computers, is routinely used in the modelling of climate change, astrophysics and stock-market analysis.”

“The capitalistic social order, therefore, is an economic democracy in the strictest sense of the word. In the last analysis, all decisions are dependent on the will of the people as consumers. Thus, whenever there is a conflict between the consumers' views and those of the business managers, market pressures assure that the views of the consumers win out eventually.”

“The second reason why we haven't observed the growing gap is that our historical and social science analyses have concentrated on what has been happening within the 'middle classes' - that is, to that ten to fifteen percent of the population of the world-economy who consumed more surplus than they themselves produced. Within this sector there really has been a relatively dramatic flattening of the curve between the very top (less than one percent of the total population) and the truly 'middle' segments, or cadres (the rest of the ten to fifteen percent).”

“Let us not be blind to our differences-but let us also direct attention to our common interests and to the means by which those differences can be resolved. And if we cannot end our differences, at least we can help make the world safe for diversity. For, in the final analysis, our most common link is that we all inhabit this small planet. We all breathe the same air. We all cherish our children's future. And we are all mortal.”

“Fast food may appear to be cheap food and, in the literal sense it often is, but that is because huge social and environmental costs are being excluded from the calculations. Any analysis of the real cost would have to look at such things as the rise in food-borne illnesses, the advent of new pathogens, antibiotic resistance from the overuse of drugs in animal feed, extensive water pollution from intensive agricultural systems and many other factors. These costs are not reflected in the price of fast food.”

“The dustbin of history is littered with remains of those countries that relied on diplomacy to secure their freedom. We must never forget . . . in the final analysis . . . that it is our military, industrial and economic strength that offers the best guarantee of peace for America in times of danger.”