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“Santa Claus and the Easter Bunny should take a few pointers from the mutual-fund industry. All three are trying to pull off elaborate hoaxes. But while Santa and the bunny suffer the derision of eight year olds everywhere, actively-managed stock funds still have an ardent following among otherwise clear-thinking adults. This continued loyalty amazes me. Reams of statistics prove that most of the fund industry's stock pickers fail to beat the market.”

“In the financial markets, however, the connection between a marketable security and the underlying business is not as clear-cut. For investors in a marketable security the gain or loss associated with the various outcomes is not totally inherent in the underlying business; it also depends on the price paid, which is established by the marketplace. The view that risk is dependent on both the nature of investments and on their market price is very different from that described by beta.”

“Is it not clear that to give to such women as desire it and can devote themselves to literary and scientific pursuits all the advantages enjoyed by men of the same class will lessen essentially the number of thoughtless, idle, vain and frivolous women and thus secure the [sic] society the services of those who now hang as dead weight?”

“In one of the most brilliant papers in the English language Hume made it clear that what we speak of as 'causality' is nothing more than the phenomenon of repetition. When we mix sulphur with saltpeter and charcoal we always get gunpowder. This is true of every event subsumed by a causal law in other words, everything which can be called scientific knowledge. "It is custom which rules ," Hume said, and in that one sentence undermined both science and philosophy .”

“Whoever has not arrived at the clear insight that there might be greatness entirely outside his own sphere for which he has no understanding, whoever does not have at least a dim inkling in which area of the human spirit this greatness might be situated: he is within his own sphere either without genius, or he has not educated himself up to the point of the classical attitude.”

“In the Name of Allah the Merciful, the Compassionate, Who manifests Himself through everything, the revelation of a clear knowing to whomsoever He wishes, peace be upon you, my son. This praise belongs to Allah Who manifests Himself on the head of a pin to whom He wishes, so that one testifies that He is not, and another testifies that there is none other than He. But the witnessing in the denying of Him is not rejected, and the witnessing in the affirming of Him is not praised.”

“My God, grant that my bounty may be a clear and transparent river, flowing from pure charity, and uncontaminated by self-love, ambition, or interest. Thanks are due not to me, but Thee, from whom all I possess is derived. And what are the paltry gifts for which my neighbor forgets to thank me, compared with the immense blessings for which I have so often forgotten to be grateful to Thee!”

“The foundation upon which our nation stands is much richer and firmer than the sympathies that may occasionally divide us. And we never know this more truly than in Christmas time. In good times or in bad, under clear skies or under the shadow of uncertainty, the Christmas message is the imperishable one of joy, hope and brotherhood.”

“The question of real, lasting world peace concerns human beings, so basic human feelings are also at its roots. Through inner peace, genuine world peace can be achieved. In this the importance of individual responsibility is quite clear; an atmosphere of peace must first be created within ourselves, then gradually expanded to include our families, our communities, and ultimately the whole planet.”

“Futurologists have been multiplying like flies since the day Herman Kahn made Cassandra's profession "scientific," yet somehow not one of them has come out with the clear statement that we have wholly abandoned ourselves to the mercy of technological progress. The roles are now reversed: humanity becomes, for technology, a means, an instrument for achieving a goal unknown and unknowable.”

“Under various names, I have praised only you, rivers! You are milk and honey and love and death and dance. From a spring in hidden grottoes, seeping from mossy rocks, Where a goddess pours live water from a pitcher, At clear streams in the meadow, where rills murmur underground, Your race and my race begin, and amazement, and quick passage.”

“Now the myths represent the Gods themselves and the goodness of the Gods subject always to the distinction of the speakable and the unspeakable, the revealed and the unrevealed, that which is clear and that which is hidden: since, just as the Gods have made the goods of sense common to all, but those of intellect only to the wise, so the myths state the existence of Gods to all, but who and what they are only to those who can understand.”

“The dignity of the act is the deliberate, circumspect, open, and serene performance by these men in the clear light of day, and by a concurrent purpose, of a civic duty, which embraced the greatest hazards to themselves and to all the people from whom they held this deputed discretion, but which, to their sober judgments, promised benefits to that people and their posterity, from generation to generation, exceeding these hazards and commensurate with its own fitness.”

“The fact is that when you are in a clean, clear state of mind you will be free to pay full attention to what you are doing and you will therefore naturally do it well. Problems come when you are not living in a natural state of mind. Then, no matter what you are doing your mind will be on something else.”

“The entrance into Zen is the grasping of one's essential nature. It is absolutely impossible, however, to come to a clear understanding of our essential nature by any intellectual or philosophical method. It is accomplished only by the experience of self-realization through zazen.”

“Parenting can be established as a time-share job, but mothers are less good "switching off" their parent identity and turning to something else. Many women envy the father's ability to set clear boundaries between home and work, between being an on-duty and an off-duty parent.... Women work very hard to maintain a closeness to their child. Father's value intimacy with a child, but often do not know how to work to maintain it.”

“Basically, if the mind stays in the present, it's impossible to worry. Upon careful consideration, it becomes clear that human beings are capable of worrying only about an event that has already transpired or one that may take place in the future (although the occurrence might have just happened or may be about to happen in the next instant). The present moment contains no time or space for worry.”

“To know how other people behave takes intelligence, but to know myself takes wisdom. To manage other people's lives takes strength, but to manage my own life takes true power. If I am content with what I have, I can live simply and enjoy both prosperity and free time. If my goals are clear, I can achieve them without fuss. If I am at peace with myself, I will not spend my life force in conflicts. If I have learned to let go, I do not need to fear dying.”