Learn how to be a loser, because it's important to be a loser to be a winner.

I wonder how many people would have thought at the end of World War II that the capitalist system would be one that was meeting the challenges and making things better for people as we approach the 21st century.

If we build something great, like we have at Travelers Group so far, a whole host of people benefit.

So it's the kind of business where you can't wait to get up in the morning and read the papers, or listen to what's on the news, and you know, how the world's going to change.

One of the people that I respect the most now, a person I think has done a heck of a lot for this world as a leader, is Margaret Thatcher. She helped create a world that offers us a lot of excitement as we look to the next century.

And when we used to play and fight in the streets in Brooklyn and I would get hurt or something, my mother would always come out and save me. So that sort of postponed the inevitable about getting a good beating, without having somebody to come and save you.

And learn that when you do make a mistake, you'll surface that mistake so you can get it corrected, rather than trying to hide it and bury it, and it becomes a much bigger mistake, and maybe a fatal mistake.

I would say that my parents were supportive of me.

I think life is sort of like a competition, whether it's in sports, or it's achieving in school, or it's achieving good relationships with people. And competition is a little bit of what it's all about.

The whole financial industry is consolidating in the United States.

Learn how to be a loser, because it's important to be a loser to be a winner.

I've been involved with Carnegie Hall for the last 13 years, and Chairman for the last six. I feel really good about what we've done growing our educational programs there, building a board that has made Carnegie Hall really a world-class institution.

From the business point of view, always encouraging the people in our company to own stock in the company, and if we're going to build something great, to have a lot of people share in the benefits of that greatness.

A lot of people at Shearson ended up making a lot of money because they had stock or stock options. Their kids were able to go to college, and it changed a lot of people's lives.

What turned me on then, and turns me on even today - and when the time comes from me to retire from management I think I'd still be interested in it - is that everything that happens in the world affects the price of securities.

I believe in giving back very strongly.

The more we can do to create a better society, that benefits more people, the better chance we have that our society will continue to grow and prosper.

I think we are a product of all our experiences.

Details create the big picture.

I read a lot, but I read about the areas that I'm interested in.

You never want to think the best things are in the past. You want to get yourself to believe that the best things are going to be in the future.

My mother really didn't know a heck of a lot about business. She was a very good mother, that made sure we ate right and we had our cod liver oil, but didn't know a heck of a lot about what I did.

And I thought I'd always like some form of business, I didn't know what kind of business I'd go in.

I'm not as involved in every little thing as I used to be.

I think Latin has some logic to it and there was a discipline.

I was sort of a sissy as a little kid.

I think the American Dream says that anything can happen if you work hard enough at it and are persistent, and have some ability. The sky is the limit to what you can build, and what can happen to you and your family.

Our company is working with Disney to create a game for children between the ages of maybe four and 12, so we can teach them what the capitalist system is all about.

I've had a terrific life, from building one company to be the second largest company in the securities industry and merging that into American Express, and becoming president of that company.

And it was where I learned how to play tennis and eventually became captain of the tennis team at the school and was on the Junior Davis Cup in New York City.

I remember the mentoring experiences of some teachers that I had, like a second term home room teacher in public school that really was very helpful to me.

If a person is not willing to make a mistake, you're never going to do anything right.

My parents moved back to New York from Florida when I was in the ninth grade.

It’s beautiful to be alone. To be alone does not mean to be lonely. It means the mind is not influenced and contaminated by society.

My mom always knew I would be able to take care of myself, but my dad was afraid.

For a highly motivated learner, it's not like knowledge is secret and somehow the Internet made it not secret. It just made knowledge easy to find. If you're a motivated enough learner, books are pretty good.

I can't stand interpretation. I think it's one of the great scourges of the theater. I just think, 'Don't get in the way of the play.'

I am thankful to the Nobel committee for recognising the plight of millions of children who are suffering in this modern age.

Positive thinking is the notion that if you think good thoughts, things will work out well. Optimism is the feeling of thinking things will be well and be hopeful.

I hope that some day the practice of producing cowpox in human beings will spread over the world - when that day comes, there will be no more smallpox.

The family was not only the social unit, but also the unit of government.

I always loved watching movies because I loved what certain moments inside of films did to me.

This magnificent butterfly finds a little heap of dirt and sits still on it; but man will never on his heap of mud keep still.

It's better to be a fake somebody than a real nobody.

I work at the sentences. Many of the things people find distinctive about my writing, I think of as natural.

Acceptance and tolerance and forgiveness, those are life-altering lessons.

I think 'Dirty Harry' was probably sensitive toward the victims of violent crime.

There's something called latent PTSD. It manifests itself in different ways. I want to be free of it, but I'm not.

Far from being demeaning to human spiritual values, scientific rationalism is the crowning glory of the human spirit.