"People are always saying that prices are too high. When they turn out to be right, we anoint them. When they turn out to be wrong, we ignore them. They are typically right and wrong about half the time."

"Debates go on to this day about what caused the Great Depression. Economics is not very good at explaining swings in economic activity."

"I don't know what a credit bubble means. I don't even know what a bubble means. These words have become popular. I don't think they have any meaning."

"After costs, only the top 3% of managers produce a return that indicates they have sufficient skill to just cover their costs, which means that going forward, and despite extraordinary past returns, even the top performers are expected to be only as good as a low-cost passive index fund. The other 97% can be expected to do worse."

"I deeply believe that if the Australian Labor Party, a party of which I have been a proud member for more than 30 years, is to have the best future for our nation, then it must change fundamentally its culture and to end the power of faceless men. Australia must be governed by the people, not by the factions."

"'UFO's' attitude toward the subject is very similar to mine. It's not an advocacy its philosophy is more 'I want to believe this, but I want it proved.'"

"It's the kind of clothes that mothers and daughters can wear, in terms of concept... It's not about age. It's about taste, and it's about lifestyle. I believe women of all ages can wear anything."

"At first I could not believe what I was reading. I got up from my seat and walked away, talking to myself that I may have found my mom."