"It is in many circumstances a troubling thing to belong to the advanced class of a backward nation. One surrenders coherence and begins a difficult process of choice which ends, often, in an eclectic idiosyncrasy."

-- George W. S. Trow

#Class Quotes #Choices Quotes #Coherence Quotes

“I do not refer to myself as a 'housewife' for the reason that I did not marry a house.”
“Do you know what Bill Gates has to pull out of an old coat, to feel like I did with a $20 bill? First of all, the idea that Bill Gates has an old coat is preposterous. If he has an old coat, it's the coat Abe Lincoln was shot in and he wears it as a bathrobe - no underwear by the way. He lets his billionaire balls swing willy-nilly beneath the death cloak of the great emancipator. That's your 1%.”
“One of the best investors around, Joel Greenblatt, has written a popular, charming and funny book about investing in great companies at low P/E multiples. To simplify an already simple book, great companies are generally measured as companies that can generate lots of profit without requiring a lot of capital. This means that they have high ROEs.”
“The influence of electricity in producing decompositions, although of inestimable value as an instrument of discovery in chemical inquiries, can hardly be said to have been applied to the practical purposes of life, until the same powerful genius [Davy] which detected the principle, applied it, by a singular felicity of reasoning, to arrest the corrosion of the copper-sheathing of vessels. ... this was regarded as by Laplace as the greatest of Sir Humphry's discoveries.”
“I don't want to get rich - just live good.”
“It is proven that when women are educated, the ability of the country goes up immediately.”
“The only way to change the future is to change the present.”
“Debt is not caused by spending, it is caused by buying things that you don't pay for. Or, it's caused by cutting revenues that you don't offset ... by cuts in spending.”

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