“It is the duty of the long-term investor to endure great losses with equanimity.”

When the final result is expected to be a compromise, it is often prudent to start from an extreme position.

Nor should the argument seem strange that taxation may be so high as to defeat its object, and that, given sufficient time to gather the fruits, a reduction of taxation will run a better chance than an increase of balancing the budget.

There is nothing so disastrous as a rational investment policy in an irrational world.

Conservatism leads nowhere; it satisfies no ideal.

A study of the history of opinion is a necessary preliminary to the emancipation of the mind.

When my information changes, I alter my conclusions. What do you do, sir?

If we consistently act on the optimistic hypothesis, this hypothesis will tend to be realised; whilst by acting on the pessimistic hypothesis we can keep ourselves for ever in the pit of want.

Economists must leave to Adam Smith alone the glory of the Quarto, must pluck the day, fling pamphlets into the wind, write always sub specie temporis , and achieve immortality by accident, if at all.

The introduction of a substantial Government transfer tax on all transactions might prove the most serviceable reform available,with a view to mitigating the predominance of speculation in the United States.

When I find new information I change my mind; What do you do?

The power to become habituated to his surroundings is a marked characteristic of mankind.

Never in history was there a method devised of such efficacy for setting each country’s advantage at variance with its neighbours’ as the international gold (or, formerly, silver) standard.

Once we allow ourselves to be disobedient to the test of an accountant’s profit, we have begun to change our civilization.

I think that Capitalism, wisely managed, can probably be made more efficient for attaining economic ends than any alternative system yet in sight, but that in itself is in many ways extremely objectionable.

One blames politicians, not for inconsistency but for obstinacy. They are the interpreters, not the masters, of our fate. It is their job, in fact, to register the fact accomplished.

When the accumulation of wealth is no longer of high social importance, there will be great changes in the code of morals.

We don’t have to do everything, that we can’t do everything, that what I can’t do is someone else’s gift and responsibility. My limitations make space for the gifts of other people

Every time you play for your country, there is responsibility. But when you are captaining, you can say so; you have to lead from the front and make sure the team follows the direction you want them to.

If you want to be positive, upbeat, and passionate, you need to take responsibility for being that way.

Life has changed after Rio. Winning a silver medal was a huge moment for me. It has come with a lot of responsibilities.

Since the Rio Olympics, the expectations are always high, and the responsibilities are also high. I am used to it now. You have to keep going and keep working hard.

I am a person who doesn’t like responsibility of any kind. But I do enjoy what I do.

My job is to help Virat in the field. He is the captain, and whenever he looks up around, I should be around to complement him and help him as much as I could.

In the IPL, you are often single-handedly responsible for the fortunes of your team. It makes you more responsible as a player.