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“Our society is turning toward more and more needless consumption. It is a vicious circle that I compare to cancer . . . . Should we eliminate suffering, diseases? The idea is beautiful, but perhaps not a benefit for the long term. We should not allow our dread of diseases to endanger the future of our species. . . . In order to stabilize world population, we need to eliminate 350,000 people a day. It is a horrible thing to say, but it's just as bad not to say it.”

“Books should confuse. Literature abhors the typical. Literature flows to the particular, the mundane, the greasiness of paper, the taste of warm beer, the smell of onion or quince. Auden has a line: "Ports have names they call the sea." Just so will literature describe life familiarly, regionally, in terms life is accustomed to use -- high or low matters not. Literature cannot by this impulse betray the grandeur of its subject -- there is only one subject: What it feels like to be alive. Nothing is irrelevant. Nothing is typical.”

“I am still puzzled why those in the United States who truly believe in liberty should not only have allowed the left to appropriate this almost indispensable term but should even have assisted by beginning to use it themselves as a term of opprobrium. This seems to be particularly regrettable because of the consequent tendency of many true liberals to describe themselves as conservatives.”

“[W]e think the very term 'value investing' is redundant. What is 'investing' if it is not the act of seeking value at least sufficient to justify the amount paid? Consciously paying more for a stock than its calculated value -- in the hope that it can soon be sold for a still-higher price -- should be labeled speculation (which is neither illegal, immoral nor -- in our view -- financially fattening).”

“What worries me, especially, is that public opinion over here is patting itself on the back every morning and thanking God for theAtlantic Ocean (and the Pacific Ocean). We greatly underestimate the serious implications to our own future.... Things move with such terrific speed these days, that it is really essential to us to think in broader terms and, in effect, to warn the American people that they, too, should think of possible ultimate results in Europe and the Far East.”

“I've never had it so good in terms of taxes. I am paying the lowest tax rate that I've ever paid in my life. Now, that's crazy. And if you look at the Forbes 400, they are paying a lower rate, accounting payroll taxes, than their secretary or whomever around their office. On average. And so I think that actually people in my situation should be paying more tax. I think the rest of the country should be paying less.”

“There's the whole Mad Hatter's dilemma, it was the amount of mercury that they used in the glue to make the hats. Everything was damaging. So, in terms of the Mad Hatter, looking at it from that perspective of this guy who literally is damaged goods, physically damaged, emotionally a little obtuse, and taking that and deciding that he should be - as opposed to just this hyper, nutty guy - he should explore all sides of the personality at an extreme level.”

“Nothing highlights better the continuing gap between rhetoric and substance in British financial services than the failure of providers here to emulate Jack Bogle's index fund success in the United States. Every professional in the City knows that index funds should be core building blocks in any long-term investor's portfolio. Since 1976, the Vanguard index funds has produced a compound annual return of 12 percent, better than three-quarters of its peer group.”

“It is the long term investor who will in practice come in for the most criticism. For it is the essence of his behaviour that he should be eccentric, unconventional and rash in the eyes of the average opinion. If he is successful, that will only confirm the general belief in his rashness; and if in the short run he is unsuccessful, which is very likely, he will not receive much mercy. Worldly wisdom teaches that it is better for reputation to fail conventionally than to succeed unconventionally.”

“One of the ironies of the stock market is the emphasis on activity. Brokers, using terms such as 'marketability' and 'liquidity,' sing the praises of companies with high share turnover... but investors should understand that what is good for the croupier is not good for the customer. A hyperactive stock market is the pick pocket of enterprise.”

“While business advertises, charity is taught to beg. While business motivates with a dollar, charity is told to motivate with guilt. While business takes chances, charity is expected to be cautious. We measure the success of businesses over the long term, but we want our gratification in charity immediately. We are taught that a return on investment should be offered for making consumer goods, but not for making a better world.”

“What seems extraordinary is that the richest countries in the world, in terms of economic output, are the ones where we work hardest. You would have thought that the end of all this innovation, technological advancement, and financial wizardry should be to create less work, not more of it.”

“The demand of the loveless and the self-imprisoned that they should be allowed to blackmail the universe: that till they consent to be happy (on their own terms) no one else shall taste joy: that theirs should be the final power; that Hell should be able to veto Heaven.”

“Above all, we should question the consumer ethic, which uses up non-renewable resources, creates inequality and injustice, generates pollution, destroys other species and upsets the balance of nature. The consumer ethic not only defiles the environment by creating undesirable change in the biosphere but also corrupts the mind and body by defining pleasure in terms of ownership and absorption. Waste itself is a human concept; everything in nature is eventually used. If human beings carry on in their present ways, they will one day be recycled along with the dinosaurs.”

“Most asylum seekers do get permanent visas, so the earlier they receive the appropriate help, the faster they will become part of the community. They'll get jobs and start paying taxes too. They will see Australia as a nation with a sense of care and concern. That's so important for a cohesive society. It helps build a sense of belonging. And in terms of common decency, it's what should be happening... For God's sake, this is Australia, people should be treated with decency and humanity.”