He [Clemenceau] had one illusion—France; and one disillusion—mankind, including Frenchmen.

A speculator is one who runs risks of which he is aware, and an investor is one who runs risks of which he is unaware.

The difficulty lies not so much in developing new ideas as in escaping from old ones.

Ideas shape the course of history.

The difficulty lies, not in the new ideas, but in escaping the old ones, which ramify, for those brought up as most of us have been, into every corner of our minds.

Words ought to be a little wild for they are the assaults of thought on the unthinking.

I should have drunk more Champagne.

When my information changes, I alter my conclusions. What do you do, sir?

The avoidance of taxes is the only intellectual pursuit that carries any reward.

The long run is a misleading guide to current affairs. In the long run we are all dead.