"I hated discussing ideas with investors,' he said, 'because I then become a Defender of the Idea, and that influences your thought process.' Once you became an idea's defender you had a harder time changing your mind about it."

"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."

"Research has found that in most companies managers who get promoted rapidly spend most of their time networking and politicking, while their more effective colleagues spent their time building their units and developing their people."

"Management is the kitchen that produces a delicious meal, where Leadership is the Chef hooked by a purpose across the canyon of risks that adds the fragrance and taste to make it go beyond expectations."

"We need the middle class to feel more confident about its prospects and about its future. We need to cut down on this anxiety that sees some people succeeding and the majority struggling - having to make choices between paying for their kids' education or saving for their own retirement."

"The reason I was able to grow my business was that every day, after producing 30 minutes of wine television, I spent 15 hours a day replying to every single person's e-mail and every single person's Twitter @ reply."

"I've managed to bring the backlog down to a mere sixty-eight years,' she announced with some small sense of achievement. 'I hope to be able to start marking the papers of pupils who are still alive by the end of the decade."

"House and Senate Republicans are now united in adopting earmark bans. We hope President Obama will follow through on his support for an earmark ban by pressing Democratic leaders to join House and Senate Republicans in taking this critical step to restore public trust."

"In the future we would have total storage, all of us would, our media libraries would dematerialise and just float above us, books would no longer sit on the shelves reminding us that we had not read them, music and TV and film formats would no longer clutter the den reminding us of all we had not yet listened to or watched."

"Despite massive evidence to the contrary, libertarians hold tight to their romantic concept of capitalism, which, freed from government interference, serves the consumer with the best products at the lowest prices."

"When you as a designer design something that burdens a community with maintenance and old world technology, basically failed developed world technology, then you will crush that community way beyond bad design; you'll destroy the economics of that community, and often the community socially is broken."