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Modern medicine has presented us with a Faustian bargain: Our aging bodies can bankrupt our children and grandchildren. We have run into the 'law of diminishing returns' in health care, where we are often doing more and more, with higher and higher technology, at more and more cost, for less and less benefit.

Other composers have taken this particular technique much further than I in the meantime, with the result that the Law of Diminishing Returns has begun to apply.

Nothing is more diminishing than trying to control success or hold on to things.

There are two main drivers of asset class returns - inflation and growth.

What's so seductive about the efficient markets hypothesis is that it applies nine years out of ten. A lot of the time it works. But when it stops working, you blow up.

I believe the returns on investment in the poor are just as exciting as successes achieved in the business arena, and they are even more meaningful!

I don't pretend that I can predict the future value of the growth rate or rate of return.

I think that money spoils most things, once it becomes the primary motivating force.

I explain the law of compensation like this: 'Returns are minimal in spite of massive effort at the start, yet returns can be massive with minimal effort over time.

Loss is so paradoxical: It is at once enormous and tiny.