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“Logic is the subject that has helped me most in picking stocks, if only because it taught me to identify the peculiar illogic of Wall Street. Actually Wall Street thinks just as the Greeks did. The early Greeks used to sit around for days and debate how many teeth a horse has. They thought they could figure it out just by sitting there, instead of checking the horse. A lot of investors sit around and debate whether a stock is going up, as if the financial muse will give them the answer, instead of checking the company.”

“From the industry's point of view, the problem is not that coal companies blast the top off mountains, turning the area into a moonscape and polluting the air and releasing toxic chemical into what's left of the local streams and aquifers. It's that the people who live near the mines are too cozy with their cousins.”

“I still feel needles in my back when I think about all the horrible disasters that would have befallen me if I had permanently moved to San Francisco and rented a big house, joined the company dole, become national-affairs editor for some upstart magazine—that was the plan around 1967. But that would have meant going to work on a regular basis, like nine to five, with an office—I had to pull out.”

“It is more dangerous to be a great prophet or poet than to promote twenty companies for swindling simple folk out of their savings.”

“Think of it: the lowest common denominator in being digital is not your operating system, modem, or model of computer. It's a tiny piece of plastic, designed decades ago by Bell Labs' Charles Krumreich, Edwin Hardesty, and company, who thought they were making an inconspicuous plug for a few telephone handsets. Not in their wildest dreams was Registered Jack 11 - a modular connector more commonly known as the RJ-11 - meant to be plugged and unplugged so many times, by so many people, for so many reasons, all over the world.”

“Human life is fragile: we live in the space between one breath and the next. We often try to maintain an illusion of permanence, through what we do, say, wear, buy, and how we enjoy ourselves and who and how we love. Yet it is an illusion that is constantly being undermined by change and death. We can use diamonds in whatever way we like. They are empty things, pretty as water, yet within them—if we want to see it—there is blood, dust, love, curses, and suffering. There is desire to make someone happy, there is admiration, there is ostentation…and there is a company’s profit curve.”

“Contrary to vulgar legend the lives of great ballerinas are not entirely given up to a few minutes of graceful movement every night followed by champagne drunk out of their toeshoes till dawn, in the company of financiers ... no, most of their time is spent in filthy rehearsal halls, inhaling dust, or else in class, daily, year in year out, practicing, practicing even after they are already prima ballerinas.”

“The national debt has given rise to joint stock companies, to dealings in negotiable effects of all kinds, and to agiotage , in a word to stock-exchange gambling and the modern bankocracy .”

“If I had to spend equal time doing paintings, and equal time going to galleries and doing art business, and equal time making music, and equal time going to record companies, or to the publicist or to the lawyer, forget it. It would take four times as long to do all that stuff. Unless I had a patron. That's why Leonardo da Vinci was successful. He had the Medicis, right?”

“To the economically illiterate, if some company makes a million dollars in profit, this means that their products cost a million dollars more than they would have without profits. It never occurs to such people that these products might cost several million dollars more without the incentives to be efficient created by the prospect of profits.”

“We are delighted that these regulations are now law, and we commend the provincial government for helping put the issue on the front burner. These requirements will push more companies to have the conversations they should be having around board and executive committee diversity and, hopefully, their talent development. Businesses need to tap the full pool of smart, talented people to stay competitive and strengthen our country’s economic future.”