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“Real investment risk is measured not by the percent that a stock may decline in price in relation to the general market in a given period, but by the danger of a loss of quality and earnings power through economic changes or deterioration in management.”

“Scientists used to do an experiment whereby a dog's repeated reward for performing a task was unaccountably replaced by punishment. The dog, knowing it would be penalized for doing well or doing badly, would become melancholic and inactive. This and other unforeseeable results were funded by taxing up to sixty percent of people's earnings. People became strangely melancholic and inactive”

“When we talk about gender pay gaps in the United States, and if you look at women without children, they earn 96 cents for every dollar that a man is earning, while for mothers it is about 76 cents. That's nearly 25 percent less. For single mothers, the situation is even worse. One third of them are living in poverty or just on the edge of poverty. This is an unacceptable situation.”