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“It is often said that the progression from simple to complex runs counter to the normal statistics of chance that are formalized in the Second Law of Thermodynamics. Strictly speaking, we could avoid this criticism simply by insisting that the Second Law does not apply to living systems in the environment in which we find them. For the Second Law applies only when there is no overall flow of energy into or out of a system, whereas all living systems are sustained by a net inflow of energy.”

“Maybe there's a universe out there - happening now - where we end up together and when I close my eyes at night, I'm not dreaming the way a normal person would. Instead I'm seeing flashes of our lives in the multiverse. They're not simple dreams because I miss you, right? They're scientific, anachronistic visions.”

“The big picture is: the main thing you should be concerned about in the future are incremental returns on capital going forward. As it turns out, past history of a good return on capital is a good proxy for this but obviously not foolproof. I think this is an area where thoughtful analysis can add value to any simple ranking/screening strategy such as the magic formula. When doing in depth analysis of companies, I care very much about long term earnings power, not necessarily so much about the volatility of that earnings power but about my certainty of "normal" earnings power over time.”

“Your goal is simple: Finish. Experience your first race, don't race it. Your first race should be slightly longer or slightly faster than your normal run. Run your first race. Later you can race. You will be a hero just for finishing, so don't put pressure on yourself by announcing a time goal. Look at it this way: The slower you run the distance, the easier it will be to show off by improving your time the next race!”

“Advertising is not intended to brainwash you and make you go out and buy something; that's a real simple-minded way of criticizing it. I think advertising is just designed to make you familiar with this thing, so when you go to the store... Humans like to choose things that are familiar to them; it's just normal human behavior. So I think that when you go to the store, if your brain has been hit enough times with a certain product name, you're more likely, when you're thinking, "Which tennis shoe should I buy?," to say, "Ummm... Nike."”

“The people are living seperately together," he said. "So there is responsibility. I cry, you cry. You cry, I cry. We all come running, and the one that stays quiet, the one that stays home, must explain. Is he in league with the criminals? Is he a coward? And what would he expect when he cries? This is simple. This is normal. This is community.”