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Position Quotes

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Position Quotes

“Needless to say, under either system [socialism or fascism], the inequalities of income and standard of living are greater than anything possible under a free economy -- and a man's position is determined, not by his productive ability and achievement, but by political pull and force. Under both systems, sacrifice is invoked as a magic, omnipotent solution in any crisis -- and "the public good" is the altar on which victims are immolated.”

“I believe it has changed so much because of the impact you can have from that position. You are so involved in the game from both a pass and a run standpoint. Anyone that can have an impact on a game like that is going to be held to high standards. You have guys like Ed Reed and Troy Polamalu who make big-time plays which can change the outcome of the game.”

“Size will hurt returns. Look at Berkshire Hathaway - the last five things Warren has done have generated returns that are splendid by historical standards, but now give him $100 billion in assets and measure outcomes across all of it, it doesn't look so good. We can only buy big positions, and the only time we can get big positions is during a horrible period of decline or stasis. That really doesn't happen very often.”

“I think people, if you really want to be happy, you have to find God yourself, and you're going to have to have a personal, one-on-one relationship and not look to get through these traditions or these rituals and all this crazy stuff when you could talk to him right here, right now, anytime, anywhere, any place, from any position. And that's the kind of relationship you want, not a standard.”