"Because the activists usually cash out their holdings shortly after their demands are accepted or rejected, the question remains whether most of them are committed to companies’ future success. The risk is significant that their initiatives can weaken a company’s competitive position, to the detriment of long-term shareholders, and the high-leverage financing structures they often propose may put companies in jeopardy in the event of an economic downturn."

"Ideas about what happened after you died varied even among the priestly cast. Primitives were able to have more straightforward religions because they didn’t know any better. Once you knew even a litt…"

"Religion, since it has its source in terror, has dignified certain kinds of fear and made people think them not disgraceful. In this it has done mankind a great disservice: all fear is bad. I believe …"

"Here’s why I would recommend against ....Retail brokers normally require investors to hold any short-sale proceeds in U.S. dollars, usually earning no interest. The dollar, seen through my famously ja…"

"Here in this country, although our political divisions were deep, in time of need we were able to transcend them in the interests of the whole community. Throughout the British Commonwealth and Empire…"