Sublime

If the government intervenes through regulation, taxation, or other barriers, the result is almost always an imbalance between supply and demand .

“Live dangerously—carefully.”

While other entrepreneurs struggled to develop a worldview, he developed a cosmic view.

The biggest secret in venture capital is that the best investment in a successful fund equals or outperforms the entire rest of the fund combined.

During the Democrats’ two years in the minority, Johnson’s control of the Policy Committee had had only limited significance: although never before had a party Policy Committee intervened so extensively with respect to bills still within the Standing Committees, those bills had been minority bills, generally not the bills finally reported out of