“See where Congress passed a two billion dollar bill to relieve bankers' mistakes. You can always count on us helping those who have lost part of their fortune, but our whole history records nary a case where the loan was for the man who had absolutely nothing. Our theory is to help only those who can get along, even if they don't get a loan.” IfsMenTwoWholeHelpingLostMistakeCasesRecordsHe ManTheoryBillsDollarsFortuneCongressBillionsLoanBankersAbsolutely NothingDollar Bills Book:Will Rogers Speaks: Over 1,000 Timeless Quotations for Public Speakers (writers, Politicians, Comedians, Browsers ...) Source: Will Rogers Speaks: Over 1,000 Timeless Quotations for Public Speakers (writers, Politicians, Comedians, Browsers ...)
“Theories of genius are the peculiar constructions of our own philosophical times; ages of genius had passed away, and they left no other record than their works; no preconcerted theory described the workings of the imagination to be without imagination, nor did they venture to teach how to invent invention.” AgeLeftImaginationTeachRecordsTheoryGeniusPhilosophicalInventionPeculiarConstructionVenturePassed Away Author:Isaac D'Israeli
“[T]ruly grand and powerful theories [...] do not and cannot rest upon single observations. Evolution is an inference from thousands of independent sources, the only conceptual structure that can make unified sense of all this disparate information. The failure of a particular claim usually records a local error, not the bankruptcy of a central theory. [...] If I mistakenly identify your father's brother as your own dad, you don't become genealogically rootless and created de novo. You still have a father; we just haven't located him properly.” IfsStillsFatherPowerfulRecordsHavensInformationParticularBrotherTheorySourceEvolutionDadClaimsIndependentStructureErrorsLocalsObservationBankruptcyUnifiedInference Author:Stephen Jay Gould
“The one thing I do have is good ears. I don't mean perfect pitch, but ears for picking things up. I developed my ear through piano theory, but I never had a guitar lesson in my life, except from Eric Clapton off of records.” MeanPerfectRecordsOne ThingTheoryLessonsEarsGuitarPianoEric Author:Eddie Van Halen
“A fundamental premise of American democratic theory is that government exists to serve the people. ... Public records are one portal through which the people observe their government, ensuring its accountability, integrity, and equity while minimizing sovereign mischief and malfeasance” PeopleGovernmentRecordsTheoryIntegrityFundamentalsDemocraticAccountabilitySovereignEquityPremisesMischiefPortalMinimizingMalfeasance Author:Sandra Day O'Connor
“Berkshire's whole record has been achieved without paying one ounce of attention to the efficient market theory in its hard form. And not one ounce of attention to the descendants of that idea, which came out of academic economics and went into corporate finance and morphed into such obscenities as the capital asset pricing model, which we also paid no attention to. I think you'd have to believe in the tooth fairy to believe that you could easily outperform the market by seven-percentage points per annum just by investing in high volatility stocks.” ThinkingBelieveHas BeensIdeasHardWholeFormAttentionRecordsTheoryModelsEconomicsPaidSevenInvestingTeethFinanceCorporateFairyAssetsAcademicEfficientPercentagesDescendantsObscenityPricingVolatilityTooth FairyEfficient Markets Author:Charlie Munger