Any man may make a mistake; none but a fool will stick to it. Second thoughts are best as the proverb says.
[Lat., Cujusvis hominis est errare; nullius, nisi insipientis, in errore perseverae. Posteriores enim cogitationes (ut aiunt) sapientiores solent esse.]
I came to America because of the great, great freedom which I heard existed in this country. I made a mistake in selecting America as a land of freedom, a mistake I cannot repair in the balance of my lifetime.
I want every young man who sees me to know that I'm not that different from them. I wasn't born into wealth. I wasn't born into fame. I made a lot of mistakes - but I kept at it.
All this struggling and striving to make the world better is a great mistake. Not that it's wrong to try to improve the world if you know how but simply because struggling and striving are the worst possible ways to go about doing anything!
I really cannot know whether I am or am not the Genius you are pleased to call me, but I am very willing to put up with the mistake, if it be one. It is a title dearly enough bought by most men, to render it endurable, even when not quite clearly made out, which it never can be till the Posterity, whose decisions are merely dreams to ourselves, has sanctioned or denied it, while it can touch us no further.
We're not going to deputize a whole bunch of American citizens to start grabbing people or turning them in, in part because the ordinary American citizen may not know whether or not this person is illegal or not. But, you know, the notion that we're going to criminalize priests, for example, or doctors who are providing services to individuals, and throw them in jail for doing what their calling asks them to do, which is to provide help and service to people in need, I think that is a mistake. I think that's out of America's character.
I have heard of that idea [i.e., of Haile Selassie being the reincarnation of Jesus Christ]. I also met certain Rastafarians. I told them clearly that I am a man, that I am mortal, and that...they should never make a mistake in assuming or pretending that the human being is emanated from a deity.
The remarkable thing about management is that a manager can go on for years making mistakes that nobody is aware of, which means that management can be a kind of a con job.
We have to live with the rest of the world. And it's a mistake, in my view. Trade has generally developed in this country. We actually export 12 or 13 percent of our GDP. It was only 5 percent in 1970. But it benefits us. It benefits the rest of the world. It doesn't benefit the steelworker maybe in Ohio. And that's the problem that has to be addressed, because when you have something that's good for society, but terribly harmful for given individuals, we have got to make sure those individuals are taken care of.
The idea that you try to time purchases based on what you think business is going to do in the next year or two, I think that's the greatest mistake that investors make because it's always uncertain. People say it's a time of uncertainty. It was uncertain on September 10th, 2001, people just didn't know it. It's uncertain every single day. So take uncertainty as part of being involved in investment at all. But uncertainty can be your friend. I mean, when people are scared, they pay less for things. We try to price. We don't try to time at all.