I'm not speaking in favor of killing innovation. I'm speaking in favor of centrist use of the market, which involves necessarily a considerable degree of regulation. Markets by themselves will get themselves inevitably into inequality and into their own destruction. It will happen again and again.

Avoiding inflation is not an absolute imperative but rather is one of a number of conflicting goals that we must pursue and that we may often have to compromise.

It is dead wrong about necessary surplus of winnings over losings.

I decided that there was only one place to make money in the mutual fund business, as there is only one place for a temperate man to be in a saloon: behind the bar and not in front of it.

Large companies cannot finance political parties as their shareholders and employees have different political views.

There is a lot of waste in government-run programs generally, and a lot of waste and fraud and misuse of money in Medicare and Medicaid that can be saved.

In my family, there was one cardinal priority - education. College was not an option; it was mandatory. So even though we didn't have a lot of money, we made it work. I signed up for financial aid, Pell Grants, work study, anything I could.

It used to cost money to disclose and distribute information. In the digital age it costs money not to.