"Bulls don't read. Bears read financial history. As markets fall to bits, the bears dust off the Dutch tulip mania of 1637, the Banque Royale of 1719-20, the railway speculation of the 1840s, the great crash of 1929."

"Of all the failed technologies that litter the onward march of science - steam carriages, zeppelins, armoured trains - none has been so catastrophic to prosperity as the last century's attempt to generate electricity from nuclear fission."

"Were there peace and justice in the Middle East, the Arabs would no more need their tinhorn dictators than they would their corpulent princes."

"The truth is, of course, that history is not completed in modern commerce any more than philosophy is perfected in political economy. In other words, there is nothing timeless or God-given about filling stations and penicillin and plastic bags."

"It is a essential truth that he who understands his own mind is never bewildered by the complexities of the world."

"Wisdom principle 18 tells us that the journey of life is lesson 20."

"Wisdom principle 104 tells us that the journey of life is lesson 27."

"In the tapestry of human existence, every trial adds depth to the design."