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The Chinese have certain advantages. The fact that it's a single party government. But I do believe in the long run the fact that India is a functioning democracy committed to the rule of law. Our system is slow to move but I'm confident that once decisions are taken they are going to be far more durable. ↗
The Indian economy grew at 5.5 percent, but if you look at the last 30 years - for example, 1960 to 1985 - the progress made by East Asian countries was phenomenal. In a single generation they had been able to transform the character of their economy. They were able to get rid of chronic poverty. ↗
We got government off the backs of the people of India, particularly off the backs of India's entrepreneurs. We introduced more competition, both internal competition and external competition. We simplified and rationalized the tax system. We made risk-taking much more attractive. ↗
The fact that I was a believer, a Christian, everybody immediately thought this guy's a minister, he's so nice and, oh by the way, he can play a little bit. The other thing for me is being undersized. What a great story, what an overachiever, kind of like Rudy. ↗
A bad investment is going for quantity over quality. If you're trying to be careful with your wallet, especially with the economy right now, you have to choose staple pieces. ↗
The very greatest things - great thoughts, discoveries, inventions - have usually been nurtured in hardship, often pondered over in sorrow, and at length established with difficulty. ↗
