This decade is strewn with examples of bright people who thought they built a better mousetrap that could consistently extract abnormal returns from the financial markets. Some succeed for a time. But while there may occasionally be mis-configurations among market prices that allow abnormal returns, they do not persist.
The more prohibitions you have, the less virtuous people will be. The more weapons you have, the less secure people will be. The more subsidies you have, the less self reliant people will be.
We are reminded that, in the fleeting time we have on this Earth, what matters is not wealth, or status, or power, or fame, but rather how well we have loved and what small part we have played in making the lives of other people better.
I got a lot of Ph.D.-types and smart people around me who come into the Oval Office and say, 'Mr. President, here's what's on my mind.' And I listen carefully to their advice. But having gathered the device, I decide, you know, I say, 'This is what we're going to do.'
I could go old-school; I listen to a lot of old-school music, like Teddy Pendergrass, the Temptations, people like that. I'm an old-school dude, and I'm vibin' with stuff like that to clear my mind. I like listening to that old-school music.
The divides are not Islam and western society, the divide is between people who have different values. We must promote connections between people who want to contribute to human values. People who share that commitment can collaborate across cultural divides.
There are things which some people never attempt during their whole lives, but one of these is not poetry. Poetry attacks all human beings sooner or later, and, like the measles, is mild or violent according to the age of the sufferer.
Odinary people don't have a feeling of being loved by the people who manage to get into positions of leadership. They get in there, they make a lot of money, and then they play games with us.