Paul Samuelson Quotes

If you have more than 120 or 130 I.Q. points, you can afford to give the rest away. You don't need extraordinary intelligence to succeed as an investor.

Producer's Surplus is a convenient name for the genus of which the rent of land is the leading species.

As soon as the land of any country has all become private property, the landlords, like all other men, love to reap where they never sowed, and demand a rent even for its natural produce.

Anyone can see why an elite athlete would want to leave a small, impoverished country where their skills were effectively uncashed winning lottery tickets. All they had to do was wash ashore almost anywhere else in the world and cash in. Yet the vast majority of Cuban boxers - and Cuban athletes in general - despite that incentive, stayed.

If you create an artificial scarcity through public policy, artificial rent so to speak - setting up a new import quota or giving out a particular office that is very beneficial - people are going to invest money, time and resources in trying to secure that opportunity. If the value is created independently of the search for it, the search for it is wasted.

Imagine that Queen Elizabeth I, in her time, had the opportunity to give out a monopoly for playing cards within the kingdom. She knew she was going to give it to one of her courtiers. These courtiers would then all try to curry her favour. Meanwhile, they would not contribute anything to the product of the kingdom, in fact, they were wasting resources trying to secure a single prize. That, more or less, is rent seeking.

I wanted to do something that dealt with more of paranormal techniques that wasn't a horror movie. It is an action movie that deals with a special operations group. But if a Tier One team went in to take out Bin Laden today, if you had those kind of abilities, of course you would use that kind of group. And it was more going into that arena. And I wanted to make it feel more like, grounded, as if we had this ability.

Genius, by its very intensity, decrees a special path of fire for its vivid power.

Frighteningly Beautiful, Dangerously Strong, Breathtakingly Fast. Face it Tally-wa you're special.

We are drawn to leaders and organizations that are good at communicating what they believe. Their ability to make us feel like we belong, to make us feel special, safe and not alone is part of what gives them the ability to inspire us.

Opportunity only gives you knockers once.

It takes character to sit there with all that cash and do nothing. I didn't get to where I am by going after mediocre opportunities.

Once rehearsals are done the writer really doesn't have a function on the set. If the script is stabilized, then the writer becomes a celebrity tourist visiting the set, trying not to get in the way. It's very good for the ego, to go visit a film set if you are the writer, because they give you a special chair, and tell you where you can sit to watch the monitor. They make you feel special, but at the same time, they make it perfectly plain that you are irrelevant!

Fame, or notoriety, whichever that special noise may be called when the world like a hound 'gives tongue' and announces that the quarry in some form of genius is at bay, is apt to increase its clamor in proportion to the aloofness of the pursued animal.

This morning take a few minutes to reflect on how you give of yourself to the world. Often we get caught up in the frenzy of buying and giving things. Look at the ways you give appreciation, friendship, energy, time, love, and affection, and give of your own special talents and abilities throughout the year. Acknowledge yourself for having enriched the lives of others. Spend some time loving yourself for the giving light that you are.

Look," said Janet, irritated, "if the thing you liked best to do in the world was read, and somebody offered to pay you room and board and give you a liberal arts degree if you would just read for four years, wouldn't you do it?

The highest and most precious treasure we receive of God is, that we can speak, hear, see, etc.; but how few acknowledge these as God's special gifts, much less give God thanks for them.

If we lose our Money, it gives us some Concern. If we are cheated or robb'd of it, we are angry: But Money lost may be found; what we are robb'd of may be restored: The Treasure of Time once lost, can never be recovered; yet we squander it as tho' 'twere nothing worth, or we had no Use for it.

Activity is the enemy of investment returns.

Mathematics is ordinarily considered as producing precise and dependable results; but in the stock market the more elaborate and abstruse the mathematics the more uncertain and speculative are the conclusions we draw there from. Whenever calculus is brought in, or higher algebra, you could take it as a warning that the operator was trying to substitute theory for experience, and usually also to give to speculation the deceptive guise of investment.

I have a special relationship with God. And when I take the right photograph, God gives me a little bing! in the camera. And then I know I'm on the right track.

If something doesn't work exactly right, or maybe needs some special treatment, you don't just throw it away. Everything can't be fully operational all the time. Sometimes, we need to have the patience to give something the little nudge it needs.

We have to have a special insight, or we'll put it in the 'too tough' basket. All of you have to look for a special area of competency and focus on that.

When you go to Washington now, you can feel a sense of fear in the air - the fear to do anything, or say anything, that might affect the polls, or give the other side an advantage, or offend a special interest.

BUSINESS and LIFE are like a bank account-you can't take out more than you put in.