"In Sardinia one summer my best friend Marisa Berenson and I ironed each other's hair. We used a hot laundry iron and took turns putting our hair on the ironing board, literally ironing it. That's a recipe for straightening that may be highly successful, but is definitely not recommended."

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I think we have lost our way when people like the [board of] governors and the CEO of the NYSE fail to realize they have a duty to the rest of us to act as exemplars... You do not want your first-grade school teacher to be fornicating on the floor or drinking booze in the classroom; similarly you do not want your stock exchange to be setting the wrong moral example.

— Charlie Munger