"In a wristwatch, imagine the battery is in the strap and there's a medical sensor in there connected to the internet. If someone is monitoring that, they could phone up if the user has forgotten to take some medication. This could save hundreds of dollars in medical fees later. What's missing? It's a stable battery."

"Among peoples who possess a highly developed pugnacious instinct we find the greatest progress in the arts, sciences, social and political organization, commerce and industry. The instinct takes the milder form of rivalry which is the motive force of the great portion of the serious labors of mankind."

"A National Government cannot create good times. It cannot make the rain to fall, the sun to shine, or the crops to grow, but it can, by pursuing a meddlesome policy, attempting to change economic conditions, and frightening the investment of capital, prevent a prosperity and a revival of business which might otherwise have taken place."

"Therefore, if one were to consider that there was virtually no possibility of success through the US-Japan negotiations, the military and economic pressures would only force Japan into further crisis if time were allowed to pass in vain."

"We've got to lift our game tremendously. We'll sell our business news and information in print, we'll sell it to anyone who's got a cable system, and we'll sell it on the Web."

"I've learned there's a big difference between a long-focused value investor and a good short-seller. That difference is psychological and I think it falls into the realm of behavioral finance."