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“Greater consumption due to increase in population and growth of income heightens scarcity and induces price run-ups. A higher price represents an opportunity that leads inventors and businesspeople to seek new ways to satisfy the shortages. Some fail, at cost to themselves. A few succeed, and the final result is that we end up better off than if the original shortage problems had never arisen. That is, we need our problems, though this does not imply that we should purposely create additional problems for ourselves.”

“The love of God is not taught. No one has taught us to enjoy the light or to be attached to life more than anything else. And no one has taught us to love the two people who brought us into the world and educated us. Which is all the more reason to believe that we did not learn to love God as a result of outside instruction. In the very nature of every human being has been sown the seed of the ability to love. You and I ought to welcome this seed, cultivate it carefully, nourish it attentively and foster its growth by going to the school of God's commandments with help of His grace.”

“The best gift you can ever give your mentor is to grow. They feed off your growth. I believe that everyone has the seed of success inside, but too many people can't find it in themselves and as a result do not reach their potential. But there are those whose purpose in life is to fertilize the seed of potential in another, who are rewarded by seeing that person grow and blossom before their eyes. Raising up others to a higher level is a mentor's joy and sustenance.”

“The growth of New England was a result of the aggregate efforts of a busy multitude, each in his narrow circle toiling for himself, to gather competence or wealth. The expansion of New France was the achievement of a gigantic ambition striving to grasp a continent. It was a vain attempt.”

“After careful consideration, we have decided that for our next fiscal year, we'll issue guidance on comparable store used unit sales and on earnings per share only for the full fiscal year. We will no longer issue quarterly guidance. This decision reflects our continuing focus on longer-term store, sales, and earnings growth and on return on invested capital, and our recognition that the performance in shorter-term periods can be more volatile than over the longer term. As we report our quarterly results, we plan to comment on how our performance is tracking against our annual guidance.”

“A man must first of all understand certain things. He has thousands of false ideas and false conceptions, chiefly about himself, and he must get rid of some of them before beginning to acquire anything new. Otherwise the new will be built on a wrong foundation and the result will be worse than before. To speak the truth is the most difficult thing in the world; one must study a great deal and for a long time in order to speak the truth. The wish alone is not enough. To speak the truth one must know what the truth is and what a lie is, and first of all in oneself. And this nobody wants to know.”

“The basic issue of an American society which is fair, which is providing opportunity for all, is nowadays being replaced by the correct perception that we're living in a rigged economy - where it doesn't matter how hard you worked, the result will be all the income goes to the people at the very top. It's leading to a lot of frustration and anger, and people want some fundamental changes to the way we do economics and growth.”

“The risk for a woman who considers her helpless children her "job" is that the children's growth toward self-sufficiency may be experienced as a refutation of the mother's indispensability, and she may unconsciously sabotage their growth as a result.”

“Principles are concepts that can be applied over and over again in similar circumstances as distinct from narrow answers to specific questions. Every game has principles that successful players master to achieve winning results. So does life. Principles are ways of successfully dealing with the laws of nature or the laws of life. Those who understand more of them and understand them well know how to interact with the world more effectively than those who know fewer of them or know them less well.”

“It is conceivable that animal life might have the attribute of using the heat of surrounding matter, at its natural temperature, as a source of energy for mechanical effect . . . .The influence of animal or vegetable life on matter is infinitely beyond the range of any scientific enquiry hitherto entered on. Its power of directing the motions of moving particles, in the demonstrated daily miracle of our human free-will, and in the growth of generation after generation of plants from a single seed, are infinitely different from any possible result of the fortuitous concurrence of atoms.”

“It's no longer terribly sexy to own shares in certain companies; it used to be that being a shareholder in a corporation would connect you with it. The result is that people really want to invest in valuable things, and contemporary art has become a very stable material value with great growth potential.”