Robert Green Ingersoll on tolerance and individual rights

Tolerance is giving to every other human being every right that you claim for yourself.

~ Robert Green Ingersoll (1833-1899)

Cicero on the precepts of the law

The precepts of the law are these: to live honestly, to injure no one, and to give everyone else his due.

~ Cicero

Kevin O'Leary on how do deal with stock market corrections

You should always be taking a portion of your savings and investing it for the long term.  Look at your salary, try and save 10% every time you get paid.  Think of all the crap you buy you don't need.  That can be put to work in the stock market.  And over time you get 7 or 8% annualized over a long period of time. That's what it's provided for the last hundred years and my bet is it will continue to do that for the next hundred. 

Most people of this generation are not used to major corrections.  And so now we're starting to get them.  These are normal phenomenon.  It's much better if you're an investor to think long term.  Buy companies that are profitable, that have good balance sheets, that pay dividends and you can sustain yourself through these massive corrections.

~ Kevin O'Leary, "3 reasons why the stock market is plummeting - and what you should do," CNBC.com, December 6, 2018

Janet Yellen sees no new financial crises "in our lifetimes" (2017)

Would I say there will never, ever be another financial crisis? You know probably that would be going too far but I do think we’re much safer and I hope that it will not be in our lifetimes and I don’t believe it will be.

~ Janet Yellen, "Fed's Yellen expects no new financial crisis in 'our lifetimes'," Reuters, June 27, 2017

Janet Yellen ready to blame the next financial crisis on deregulation

I am worried that we are in a deregulatory mode and I see a lot of pressures building in the system to go further to really weaken fundamental safeguards that were created in Dodd-Frank. We are a decade after the financial crisis so that would be worrisome and wrong to do.

~ Janet Yellen, speech at Women in Housing and Finance holiday event, "Janet Yellen is worried about the next financial crisis," MarketWatch.com, December 13, 2018

Janet Yellen on high levels of corporate debt

You had investors that were reaching for yield and wanted to hold securities that they thought were safe, but that had reasonably high yields. There are a lot of investors in this low interest rate environment who are reaching for yield...  If the economy experiences any kind of negative shock where rates go up more than expected there will be a lot of corporate bankruptcies, a lot of distressed credit crunch a lot of downgrading of loans, a lot of investor losses.

~ Janet Yellen, Q&A after speech at Women in Housing and Finance holiday event, "Janet Yellen is worried about the next financial crisis," MarketWatch.com, December 13, 2018

Richard Bernstein lists three reasons why it's not a bear market (2018)

If one were to solely look at fundamentals, it would be very difficult to say that we're on the precipice of an all-out bear market.  Earnings in the United States are still accelerating, liquidity is still ample - although some had dried up, I will readily admit, but still ample - and it's hard to argue that investors are overly bullish.

~ Richard Bernstein, as appeared on CNBC, December 9, 2018