Decide which is the line of conduct that presents the fewest drawbacks and then follow it out as being the best one, because one never finds anything perfectly pure and unmixed, or exempt from danger.
In November [2016], Americans are gonna have to make a decision about what we care about and who we are. We get these spasms of politics around immigration and fearmongering and then our traditions and our history and our better impulses kick in. That's how we all ended up here. 'Cause I guarantee you at some point every one of us has somebody in our background who people didn't want coming here. And yet here we are.
Usually, I'm pretty good about sorting through the options and then making decisions that I'm confident are the best decisions in that moment, given the information we have. But there are times where I think I wish I could have imagined a different level of insight.
Accounting consequences do not influence our operating or capital-allocation decisions. When acquisition costs are similar, we much prefer to purchase $2 of earnings that is not reportable by us under standard accounting principles than to purchase $1 of earnings that is reportable.
The warrior knows that he is free to choose his desires, and he makes these decisions with courage, detachment, and - sometimes - with just a touch of madness.
One of the very difficult parts of the decision I made on the financial crisis was to use hardworking people's money to help prevent there to be a crisis.
You’d get very rich if you thought of yourself as having a card with only twenty punches in a lifetime, and every financial decision used up one punch. You’d resist the temptation to dabble. You’d make more good decisions and you’d make more big decisions.
Willpower is not some mythical force that we either have or don't have. Willpower is our decision to use higher mind thinking instead of lazing around in the clutches of our primal mind.