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Results Quotes

“People realize that we're certainly faced with an abnormal amount of adversity. The Cincinnati faithful is still going through a healing process with what transpired with Coach Huggins in the fall. But over the 20 games they've seen this team, I think they appreciate the fact that this team continues to fight, even though they're not always happy with the result.”

“Never lie to a child about doctors or medicine or anything else; but if you feel, as some people seem to feel, that life without lying is an impossibility, at least don't lie about the amount of pain likely to result from a surgical procedure, or about the taste of some medicine. If you know that something to be done will hurt, say so; if a mixture to be swallowed is unpleasant, say so. If you deceive a child once in such matters, do not imagine that it will trust you again. You do not deserve trust, and you will not get it.”

“The longer I live, the more I am certified that men, in all that relates to their own health, have not common sense! whether it be their pride, or their impatience, or their obstinancy, or their ingrained spirit of contradiction, that stupefies and misleads them, the result is always a certain amount of idiocy, or distraction in their dealings with their own bodies! ... either by their wild impatience of bodily suffering, and the exaggerated moan they make over it, or else by their reckless defiance of it, and neglect of every dictate of prudence!”

“We're [Clinton Foundation] trying to get rapid tests that give you results when you're right there on site at an affordable price. Ninety percent of the HIV-positive people in the world don't know they have the infection. An enormous amount of infections are being perpetrated by people who don't know they themselves are HIV positive.”

“People would be a lot more skeptical if they understood that there is an incredible amount of chance in the results that you observe for active managers. So the distribution of outcomes is enormously wide - but that's exactly what you'd expect by chance with lots of active managers who hold imperfectly diversified portfolios. The really good portfolios contain a lot of really lucky picks, and the really bad portfolios contain a lot of really unlucky picks as well as some really bad ones.”

“Rather, risk is a perception in each investor's mind that results from analysis of the probability and amount of potential loss from an investment. If an exploratory oil well proves to be a dry hole, it is called risky. If a bond defaults or a stock plunges in price, they are called risky. But if the well is a gusher, the bond matures on schedule, and the stock rallies strongly, can we say they weren't risky when the investment after it is concluded than was known when it was made.”