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“Now you have to ask a question - is that really, is capitalism really about the ability of a handful of rich people to manipulate the lives of thousands of other people and walk off with the money? Or is that in fact somehow a little bit of a flawed system? And so I do draw distinction between looting a company, leaving behind broken families and broken neighborhoods and then leaving a factory that should be there.”

“What an investor needs is the ability to correctly evaluate selected businesses. Note that word “selected”: You don't have to be an expert on every company, or even many. You only have to be able to evaluate companies within your circle of competence. The size of that circle is not very important; knowing its boundaries, however, is vital.”

“Have you ever rightly considered what the mere ability to read means? That it is the key which admits us to the whole world of thought and fancy and imagination? to the company of saint and sage, of the wisest and the wittiest at their wisest and wittiest moment? That it enables us to see with the keenest eyes, hear with the finest ears, and listen to the sweetest voices of all time? More than that, it annihilates time and space for us.”

“The millions currently trapped in poverty and despair are a tremendous untapped resource. Just think of what it would mean for America to gain full use of the talents and abilities of all her people. They would develop new innovations to improve our lives, or help build the next great American company.”

“The life of hope, then, is shot through with social influences at every level. We learn to formulate ideals in tandem with others. We pursue particular hopes, sometimes succeeding and sometimes failing, in the company of those we love. And as we develop habits of hope and the hopefulness which helps us weather our trials, we reach out to others, inspiring them, sharing our own hopes with them, and contributing our abilities as best we can to foster the growth of agency.”

“It contributes greatly towards a man's moral and intellectual health, to be brought into habits of companionship with individuals unlike himself, who care little for his pursuits, and whose sphere and abilities he must go out of himself to appreciate.”

“For each human being there is an optimum ratio between change and stasis. Too little change, he grows bored. Too little stability, he panics and loses his ability to adapt. One who marries six times in ten years won't change jobs. One who moves often to serve his company will maintain a stable marriage. A woman chained to one home and family may redecorate frantically or take a lover or go to many costume parties.”

“Competitiveness is defined as the ability of companies to compete while maintaining or improving the average standard of living. If you are cutting wages to become more competitive, that's not really more competitive. It's raising the skill and the efficiency of those workers so that they can support and sustain that higher wage.”