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“The dreams of the past - whether it was public TV being rolled into the classroom to teach Spanish, or the film projectors or the videotapes or the computer-aided instruction drill systems - the hopes have been dashed in terms of technology having some big impact. The foundation, I think can play a unique role there. Now, our money is more to the teacher-effectiveness thing, and technology is No. 2, but I'll probably spend more money on the technology things.”

“All the real money in investment will have to be made as most of it has been in the past not out of buying and selling but out of owning and holding securities, receiving interests and dividends therein, and benefiting from their long-term increases in value. Hence stockholder's major energies and wisdom as investors should be directed toward assuring themselves of the best operating results from their corporations. This in turn means assuring themselves of fully honest and competent managements.”

“Were it not for Occam's Razor, which always demands simplicity, I'd be tempted to believe that human beings are more influenced by distant causes than immediate ones. This would especially be true of overeducated people, who are capable of thinking past the immediate, of becoming obsessed by the remote. It's the old stuff, the conflicts we've never come to terms with, that sneaks up on us, half forgotten, insisting upon action.”

“A dreaded society is not a civilized society. The most progressive and powerful society in the civilized sense, is a society which has recognized its ethos, and come to terms with the past and the present, with religion and science. With modernism and mysticism, with materialism and spirituality; a society free of tension, a society rich in culture. Such a society cannot come with hocus-pocus formulas and with fraud. It has to flow from the depth of a divine search.”

“...Baltimore. It's imperfect. Boy, is it imperfect. And there are parts of its past that make you wince. It's not all marble steps and waitresses calling you 'hon,' you know. Racial strife in the sixties, the riots during the Civil War. F. Scott Fitzgerald said it was civilized and gay, rotted and polite. The terms are slightly anachronistic now, but I think he was essentially right.”