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“I am thoroughly convinced that no individual or nation can live by holding itself apart from the community of others. Give and take is the law; and if India wants to raise herself once more, it is absolutely necessary that she brings out her treasures and throws them broadcast among the nations of the earth, and in return be ready to receive what others have to give her. Expansion is life, contraction is death. Love is life, and hatred is death. We commenced to die the day we began to hate other races; and nothing can prevent our death unless we come back to expansion, which is life.”

“A pun does not commonly justify a blow in return. But if a blow were given for such cause, and death ensued, the jury would be judges both of the facts and of the pun, and might, if the latter were of an aggravated character, return a verdict of justifiable homicide.”

“The West doesn't have to love us. In fact, we should ask ourselves more often why people are so suspicious of us. After all, the West isn't a charity organization. How have we been perceived for centuries? As a huge, warlike realm ruled by despots - first by the czars and then Bolsheviks. Why should anyone have loved us? If we want to be accepted, we have to do something in return. And it's an art that we have yet to master.”

“They offer, if we are wise enough or simple enough to take it, a model for what it means to give your heart with little thought of return. Both powerfully imaginary and comfortingly real, dogs act as mirrors for our own beliefs about what would constitute a truly humane society. Perhaps it is not too late for them to teach us some new tricks.”

“I no longer become angry. I not only do not say angry words, I do not even think angry thoughts! If someone does an unkind thing to me I feel only compassion instead of resentment. Even upon those who cause suffering I look with deep compassion, knowing the harvest of sorrow that lies in store for them. If there were those who hated me, I would love them in return, knowing that hatred can only be overcome by love, and knowing that there is good in all human beings which can be reached by a loving approach.”

“I had created sufficient age when I started out January 1, 1953, and I said, that's enough. From that time on I thought of myself as being ageless and in radiant health, and I am. I haven't gotten younger, but I see no point in getting younger. I can get along just fine as I am, and if you have learned the lessons of the seasons of life before, you really have no wish to return to a prior season of life.”

“We are a covenant-making people. We make covenants at the waters of baptism. We renew those covenants each week as we worthily partake of the sacrament. We take upon ourselves the name of Christ; we promise to always remember Him and to keep His commandments. And in return He promises us that His Spirit will always be with us. We make covenants as we enter into the temple, and in return we receive the promised blessings of eternal life-if we keep those sacred covenants.”

“We need to remember the purpose of our service to one another. If it were only to accomplish some part of His work, God could dispatch 'legions of angels.' . . . But that would not achieve the purpose of the service He has prescribed. We serve God and our fellowmen in order to become the kind of children who can return to live with our heavenly parents.”

“Sometimes markets err big time. Markets erred when they gave America Online the currency to buy Time Warner. They erred when they bet against George Soros and for the British pound. And they are erring right now by continuing to float along as if the most significant credit bubble history has ever seen does not exist. Opportunities are rare, and large opportunities on which one can put nearly unlimited capital to work at tremendous potential returns are even more rare. Selectively shorting the most problematic mortgage-backed securities in history today amounts to just such an opportunity.”

“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.”

“If you're going to buy something which compounds for 30 years at 15% per annum and you pay one 35% tax at the very end, the way that works out is that after taxes, you keep 13.3% per annum. In contrast, if you bought the same investment, but had to pay taxes every year of 35% out of the 15% that you earned, then your return would be 15% minus 35% of 15%-or only 9.75% per year compounded. So the difference there is over 3.5%. And what 3.5% does to the numbers over long holding periods like 30 years is truly eye-opening.”

“It is commonplace of all religious thought that the man seeking visions and insight must go apart from his fellows and live for a while in the wilderness. If he is of proper sort, he will return with a message. It may not be a message from the god he set out to seek but even if he has failed in that particular, he will have had a vision or seen a marvel and these are always worth listening to or thinking about.”

“If I should be fated to walk no more with Nature, be compelled to leave all I most devoutly love in the wilderness, return to civilization and be twisted into the characterless cable of society, then these sweet, free, cumberless rovings will be as chinks and slits on life's horizon, through which I may obtain glimpses of the treasures that lie in God's wilds beyond my reach.”

“[My] pictures are about memory and forgetfulness. The evidence is dissolving. Bones crumble; human ash returns to soil; teeth, sandals, hair, bullets, axes disperse into atoms and molecules. Footprints in the snow will be erased by the next storm. The evidence of evil, like the evidence of good, obeys the universal laws of entropy. Heat cools, matter disintegrates, memories fade. If we let them.”

“If it be asked what is to restrain the House of Representatives from making legal discriminations in favor of themselves and a particular class of the society? I answer, the genius of the whole system, the nature of just and constitutional laws, and above all the vigilant and manly spirit which actuates the people of America, a spirit which nourishes freedom, and in return is nourished by it. If this spirit shall ever be so far debased as to tolerate a law not obligatory on the Legislature as well as on the people, the people will be prepared to tolerate anything but liberty.”

“A flower is not a flower. It is made only of non-flower elements - sunshine, clouds, time, space, earth, minerals, gardeners, and so on. A true flower contains the whole universe. If we return any one of these non-flower elements to its source, there will be no flower.”