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“You must have the discipline and temperament to resist your impulses. Human beings have precisely the wrong instincts when it comes to the markets. If you recognise this, you can resist the urge to buy into a rally and sell into a decline. It’s also helpful to remember the power of compounding. You don’t need to stretch for returns to grow your capital over the course of your life.”

“The brilliant creative core of capitalism ... is the story the entrepreneurs and capital investors tell themselves about the future. How they intend to alter it, what they expect to gain in return, where they will raise the capital to accomplish their vision. Many of their stories turn out to be flawed or mistaken, of course, but the capacity to envision a set of future events and then act to fulfill them is a central source of capitalism's strength and its dominance of society.”

“You must ignore what everyone else is doing and trade only when you feel the odds are in your favor. In short, trade only when you and you alone are comfortable that the expected return of your trades will be positive. That might mean you'll have to sit out a few parties, but it will also mean that you'll have more profits over the course of your trading career.”

“In Business School they taught us about cash flow, not about corporate politics; about return on equity, not about egos and pride. Oh, there were optional courses on 'Organizational Behavior' and 'Managerial Skills,' but these were a little too bloodless to convey what I learned on the job.”

“One possessed a thousand and three women (in Spain alone), the other only one. But it is multiplicity that is impoverished, whilethe entire world is concentrated in a single being infinitely possessed. Tristan no longer needs the world--because he loves! While Don Juan, always loved, cannot love in return. Hence his anguish and his frenzied course.”

“Now, once again, we find ourselves facing rising gas prices, and the question is: This time, are we going to learn from the past? Are we finally going to get serious about energy conservation? Of course not! We have the brains of mealworms! So we need to get more oil somehow. As far as I can figure, there's only one practical way to do this. That's right: We need to clone more dinosaurs. We have the technology, as was shown in two blockbuster scientific movies, Jurassic Park and Jurassic Park Returns with Exactly the Same Plot. Once we have the dinosaurs, all we need is an asteroid.”

“Pleasure is the rock which most young people split upon; they launch out with crowded sails in quest of it, but without a compassto direct their course, or reason sufficient to steer the vessel; for want of which, pain and shame, instead of pleasure, are the returns of their voyage.”

“Investors, of course, can, by their own behavior make stock ownership highly risky. And many do. Active trading, attempts to "time" market movements, inadequate diversification, the payment of high and unnecessary fees to managers and advisors, and the use of borrowed money can destroy the decent returns that a life-long owner of equities would otherwise enjoy. Indeed, borrowed money has no place in the investor's tool kit.”

“There are a few investment managers, of course, who are very good - though in the short run, it's difficult to determine whether a great record is due to luck or talent. Most advisors, however, are far better at generating high fees than they are at generating high returns. In truth, their core competence is salesmanship. Rather than listen to their siren songs, investors - large and small - should instead read Jack Bogle's The Little Book of Common Sense Investing.”

“The great exception to that, of course, is Johnny Depp, who is absolutely the ultimate character actor. Johnny Depp is the future of the character actor and thanks to his success maybe we will see the return of an era when my sort of actor is back in vogue. It's not in vogue for me to be in Hollywood movies as lots of different people.”

“I went to film school when I was 17, and of course when you are very young you think that there is nothing else in the world except film. At some point I started getting hungry to see something else. For five years I didn't make any films, I was traveling around the world, writing for newspapers, working in theater, working in opera, I thought I would never return to film.”

“Obviously, consideration of costs is key, including opportunity costs. Of course capital isn't free. It's easy to figure out your cost of borrowing, but theorists went bonkers on the cost of equity capital. They say that if you're generating a 100% return on capital, then you shouldn't invest in something that generates an 80% return on capital. It's crazy.”

“I sustained an injury by singing with the flu during the second performance of Andrea Chenier in Buenos Aires. I was very sick, with chills and sweats, but against my better judgement I let them talk me into singing. Of course I gave the performance everything I had and my voice was hurt. It was scary at first, but fortunately there was no permanent damage. I just had to be patient and wait for the voice to return. It took six weeks of physical recuperation and it took time to recover my confidence as well.”

“If we return abruptly to a Miocene-like climate, it's reasonable to think that we would experience a lot of extinctions, and maybe even a mass extinction in the long term. Would the life on Earth be radically different? Of course we can't say for sure, but I think a lot of it would look familiar. Like a lot of people, I worry a lot about whether marine mammals would survive, especially whales. Ocean acidification is one of the major killers in climate change events, and that makes the ocean a very inhospitable place.”

“In terms of America, I think any profound consideration is bound to return us to the notion of twins because, though you certainly can contend there are many Americas, our history has been binary from the beginning, with its hairline fracture down the country's center between what American has wanted to be and what America has been. That fracture is slavery, of course. To some extent it's still slavery, in that collectively we refuse to come to grips with the American fact of slavery.”

“Time is a lot of the things people say that God is. There's always preexisting, and having no end. There's the notion of being all powerful-because nothing can stand against time, can it? Not mountains, not armies. And time is, of course, all-healing. Give anything enough time, and everything is taken care of: all pain encompassed, all hardship erased, all loss subsumed. Ashes to ashes, dust to dust. Remember, man, that thou art dust; and unto dust thou shalt return. And if time is anything akin to God, I suppose that memory must be the devil.”

“The last time I was in Chile, I was hypnotized by a friend who is studying to be a curandero, a healer, who led me back through several incarnations. It wasn't easy to return to the present, however, since my friend hadn't reached that part of the course, but the experiment was well worth the effort because I discovered that in former lives I was not Genghis Khan, as my mother believes.”

“And I leave my post of observation and find I have had enough of this outside life; I feel that there is nothing more that I can learn here, either now or at any time. And I long to say a last goodbye to everything up here, to go down into my burrow never to return again, let things take their course, and not try to retard them with my profitless vigils.”

“How will we get back up?" I worried. "I have a different route in mind for our return trip." "Does it involve stairs?" I asked hopefully. "No." "Of course not. How silly of me. And for our return adventure we will be scaling the side of Mount Everest, hiking boots to be provided by our trusty sponsor, Barrons Books and Baubles.”