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Failing Quotes

“In the end, alchemy, whether it is metallurgical or financial, fails. A base business can not be transformed into a golden business by tricks of accounting or capital structure. The man claiming to be a financial alchemist may become rich. But gullible investors rather than business achievements will usually be the source of his wealth.”

“The political structure in different countries has different origins, different developments. Something which suits one country extremely well would perhaps fail completely in another. Germany, through the long centuries of monarchy, has always had a leadership principle. ... The position of the Catholic Church rests now, as before, on the clear leadership principle of its hierarchy. And I think I can also say that of Russia, too.”

“I think our science is a marvelous tool. Of course it has its politics, its failings, its mistakes, like all other human endeavors, but I think the methodology of our science - using it to postulate and to use the proper approach of creating falsifiable hypotheses and then testing them to see if they ring true, and then progressing by finding the anomalies to our theoretical structure, and then improving our theoretical structure to take care and test the anomalies - is the way to go, because that helps us discover what the universe.is all about and our relationship to it.”