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.
This administration is doing everything we can to end the stalemate in an efficient way. We're making the right decisions to bring the solution to an end.
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.
Toughest decision was early in my presidency when I ordered 30,000 more troops into Afghanistan. As somebody who had run to end a large troop presence overseas.
I said, going into Iraq, "We've got to take threats seriously before they full materialize." I saw a threat. I fully believe it was the right decision to remove Saddam Hussein, and I fully believe the world is better off without him.
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.
Many terms which have now dropped out of favour will be revived, and those that are at present respectable, will drop out, if useage so choose with whom resides the decision and the judgment and the code of speech.
In a time of war, the president must have the power he needs to make the tough decisions, including, if need be, the decision to grant himself even more power.
Health care costs are on the rise because the consumers are not involved in the decision-making process. Most health care costs are covered by third parties. And therefore, the actual user of health care is not the purchaser of health care. And there's no market forces involved with health care.
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.
It is obvious that the performance of a stock last year or last month is no reason, per se, to either own it or to not own it now. It is obvious that an inability to "get even" in a security that has declined is of no importance. It is obvious that the inner warm glow that results from having held a winner last year is of no importance in making a decision as to whether it belongs in an optimum portfolio this year.