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Important Quotes

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Important Quotes

“The integrative tendencies of the individual operate through the mechanisms of empathy, sympathy, projection, introjection, identification, worship- all of which make him feel that he is a part of some larger entity which transcends the boundaries of the individual self. This psychological urge to belong, to participate, to commune is as primary and real as its opposite. The all-important question is the nature of that higher entity of which the individual feels himself a part.”

“I think there's more support today. I think there's better understanding today. And there's a better appreciation for the fact that if any community is going to prosper, if any community is going to be seen at its best, that the women in that community have to be viewed as equally as important as the men. And [women] have to be able to live outside of boundaries that are placed on them because of their gender. As well as their race or their religion.”

“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.”