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"The main purpose of the stock market is to make fools of as many men as possible."
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"In the course of history, men come to see that iron necessity is neither iron nor necessary."

"A man in passion rides a horse that runs away with him."

"There is nothing so stupid as the educated man if you get him off the thing he was educated in."

"The dons of Oxford and Cambridge are too busy educating the young men to be able to teach them anything."

"In the last analysis, even the best man is evil: in the last analysis, even the best woman is bad."

"A man can take a little bourbon without getting drunk, but if you hold his mouth open and pour in a quart, he's going to get sick on it."
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"If the history of the past fifty years teaches us anything, it is that peace does not follow disarmament - disarmament follows peace."

"Whatever failures I have known, whatever errors I have committed, whatever follies I have witnessed in private and public life have been the consequence of action without thought."

"You can talk about capitalism and communism and all that sort of thing, but the important thing is the struggle everybody is engaged in to get better living conditions, and they are not interested too much in government."

"The greatest blessing of our democracy is freedom. But in the last analysis, our only freedom is the freedom to discipline ourselves."

"If a speculator is correct half of the time, he is hitting a good average. Even being right 3 or 4 times out of 10 should yield a person a fortune if he has the sense to cut his losses quickly on the ventures where he is wrong."
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