Genius is a will-o'-the-wisp if it lacks a solid foundation of perseverence and fanatical tenacity. This is the most important thing in all of human life.
Governments and politicians use the family as an indicator of the health and strength of social life. Politicians fear that any weakening of family life will in some way sap the vitality of national life.... The family is also important to businessmen. It is one of the major purchasing groups of our consumer society.
When you know what you like and what you want and you're able to nudge things in the right direction, that's more profitable than ever, because there's so much information out there. Everything's saturated. Tastemaker is probably the most overused word, but I still think it's important.
It's easy to identify many investment managers with great recent records. But past results, though important, do not suffice when prospective performance is being judged. How the record has been achieved is crucial.
The most important fact about the subject of education is that there is no such thing. Education is not a subject and it does not deal in subjects. It is instead the transfer of a way of life.