“I made my money by selling too soon.”

I have known men who could see through the motivations of others with the skill of a clairvoyant; only to prove blind to their own mistakes. I have been one of those men.

The essence of any plan for financing old age is saving-to put aside some part of today’s earnings for the future.

If the history of the past fifty years teaches us anything, it is that peace does not follow disarmament – disarmament follows peace.

Beware of him who promises something for nothing. Do not blame anybody for your mistakes and failures. Do not look for approval except the consciousness of doing your best.

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.

Even when we know what is right, too often we fail to act. More often we grab greedily for the day, letting tomorrow bring what it will, putting off the unpleasant and unpopular.

Financial storm definitely passed.

Society can progress if men’s labors show a profit – if they yield more than is put in. To produce at a loss must leave less for all to share.

Let us not deceive ourselves; we must elect world peace or world destruction.

Become more humble as the market goes your way.

No man can humiliate me or disturb me. I won’t let him.

Everyone is entitled to be wrong about their opinions, but no one has the right to be wrong about their facts.

A man sentenced to death obtained a reprieve by assuring the king he would teach his majesty’s horse to fly within the year – on the condition that if he didn’t succeed, he would be put to death at the end of the year. “Within a year,” the man explained later.

Our problem in money-making or government affairs is how to remain properly venturesome and experimental without making fools of ourselves.

Don’t try to buy at the bottom and sell at the top. It can’t be done except by liars.

Now is always the hardest time to invest.

There are a lot of variables to playing mini-tour golf because of the finances. If you don’t play well, you’re often losing a lot of your own money.

It’s just very hard to teach a class of students about what has happened in the Global Financial Crisis.

And we have never observed modern finance-capitalist systems operating over a sustained period at this kind of credit-to-GDP leverage ratio.

It’s about mass immigration at a time when 21% of young people can’t find work. It’s about giving £50 million a day to the EU when the public finances are under great strain.

By far the most significant event in finance during the past decade has been the extraordinary development and expansion of financial derivatives.

It keeps interest rates lower than they otherwise would be and frees savings to finance increases in the capital stock, thereby boosting productivity and real incomes.

Institutions of the newer participants in global finance had not been tested, until recently…recent crisis have underscored certain financial structure vulnerabilities that are not readily assuaged in the short run.

The very nature of finance is that it cannot be profitable unless it is significantly leveraged… and as long as there is debt, there can be failure and contagion.