You cannot love a car the way you love a horse. The horse brings out human feelings the way machines cannot do. Things like machines may develop or neglect certain things in people ... Machines make our life impersonal and stultify certain elements in us and create an impersonal environment.
You always have good shows and bad shows. People want a certain amount of each. It's just widening the market a little bit. The involvement of people at home is just broadening things.
But the true threats to stability and peace are these nations that are not very transparent, that hide behind the-that don't let people in to take a look and see what they're up to. They're very kind of authoritarian regimes. The true threat is whether or not one of these people decide, peak of anger, try to hold us hostage, ourselves; the Israelis, for example, to whom we'll defend, offer our defenses; the South Koreans.
We need a tax system that essentially takes very good care of the people who just really aren't as well adapted to the market system but are nevertheless doing useful things in the society.
People assume that happiness stems from collecting things outside of yourself, whereas true happiness stems from removing things from inside of yourself
I'm going to put people in my place, so when the history of this administration is written at least there's an authoritarian voice saying exactly what happened.
Marshall is the coach's coach. No one is more of a listener, who learns from us (his students) from what we say or do not say. Taking from what he has heard, he molds for all of us a program to make us and our people better for having been in his presence.
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.