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“The art of investment has one characteristic that is not generally appreciated. A creditable, if unspectacular, result can be achieved by the lay investor with a minimum of effort and capability; but to improve this easily attainable standard requires much application and more than a trace of wisdom. If you merely try to bring just a little extra knowledge and cleverness to bear upon your investment program, instead of realizing a little better than normal results, you may well find that you have done worse.”

“It is my view that if society was doing the right thing with respect to you, [and there were] programs targeted at helping people rise into the middle class and have a good income and be able to save and send their kids to school, and you've got a vigorous enforcement of anti-discrimination laws, then I have confidence in the black community's capabilities to then move forward.”

“Organizations have to come to grips with the fact that tests of adaptive capability aren't always pleasant. Learning can be a powerful emotional event, and organizations have to be cognizant of that. They must understand that those who complete high-quality executive education programs are going to see the organization with fresh eyes after they return. Those who re-enter the workplace filled with new enthusiasm and new ideas often find a chilly response on the part of their supervisors.”

“It seems Kim Jong Un firmly believes that developing nuclear missile capabilities will provide security and guarantee his regime. We must make it clear that it is not nuclear and missile programs that will protect Kim Jong Un and his regime. The goal of the international sanctions and pressure is to make it unbearable for Kim Jong Un if he does not accept this fact. On the other hand, we are continuously trying to send a message that giving up its nuclear program and coming to the negotiating table is the right path for North Korea to protect itself and achieve its development.”

“The Iranians know that if they develop nuclear weapons, they will be in tremendous jeopardy from military capabilities of their neighbors and of the United States. I am not predicting what will happen in 2013, but I do think it is a crucial year. I hope we can make it clear to the Iranians that we do not object to them having peaceful use of nuclear power. But when they enrich Uranium to a 20 percent level, people think they are going for the bomb. Their uranium enrichment program is a real danger.”