What is something everyone in your world agrees about that you think is wrong?
Recorded Bill Clinton said elsewhere, not written here
If I had to make the welfare decision again tomorrow, I’d sign it again tomorrow. We had a 60 percent reduction in the welfare rolls. We had an enormous percentage of poor people move into the workforce, start middle-class lifestyles, and when we had a brief tech recession of six months in 2001, after I left office, people who had moved from welfare to work were less likely to be laid off than the general working population. So I would do it again.

Academy of Achievement interview source ↗

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Frederick Douglass Abolitionist, orator, newspaper editor and U.S. diplomat; U.S. Marshal for the District of Columbia 1877–1881; U.S. Minister Resident to Haiti 1889–1891
I do not think much of the accident or good luck theory of self-made men. It is worth but little attention and has no practical value. An apple carelessly flung into a crowd may hit one person, or it may hit another, or it may hit nobody. The probabilities are precisely the same in this accident theory of self-made men. It divorces a man from his own achievements, contemplates him as a being of chance and leaves him without will, motive, ambition and aspiration. Yet the accident theory is among the most popular theories of individual success.
Recorded Lecture, delivered repeatedly 1859–1893, Teaching American History, reproducing Frederick Douglass Papers, Library of Congress Manuscript Division source ↗
Christiane Nüsslein-Volhard Developmental biologist; Nobel laureate in Physiology or Medicine, 1995
I continued the work on dorsal, discovered the recessive phenotype and interpreted the phenotype postulating a gradient determining the dorsoventral axis. At that time, gradients were not widely accepted as mechanisms, in particular biochemists were highly sceptical, however the Tübingen influence made such models attractive to me.
Recorded Laureate-written autobiography for Les Prix Nobel, Nobel Prize Outreach, 1 December 1995 source ↗
Edmund Hillary Mountaineer and explorer; first ascent of Everest, 1953
The press and the public have created an image of Ed Hillary, hero and explorer which simply doesn’t exist. They’ve painted a picture of me as a heroic type, full of enormous courage, tremendous strength, undying enthusiasm and all the rest of it. But it’s all really just a story, that’s been written up in the newspapers. I’m a person, as I’ve said, of modest abilities, with a good deal of determination, and I do quite a lot of planning ahead. With careful planning and good motivation, I think you can often achieve things that other much more talented people would probably do much more easily.
Recorded Academy of Achievement interview source ↗
Howard Marks Co-founder and co-chairman of Oaktree Capital Management
In my opinion, the key to dealing with the future lies in knowing where you are, even if you can't know precisely where you're going. Knowing where you are in a cycle and what that implies for the future is very different from predicting the timing, extent and shape of the next cyclical move.
Recorded Oaktree memo, Oaktree Capital Management (client memo), 20 November 2001 source ↗

More from Bill Clinton

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Question Which book changed the way you think, and what did it change? Taste & recommendation
Oh, yeah. I spent a lot of time in the public library. When we moved I was seven years old, and I got a library card, and I used to go to the library all the time, and I loved all the, you know, standard children’s novels. I love those Biblical epics, but my favorite books when I was a child were books about Native Americans: tribal leaders; Osceola, who brought the alphabet to the Seminoles; Chief Joseph of the Nez Perce; and the standard ones that were heroes in all the Western movies. But I was fascinated. The Cherokee had moved across my state on the Trail of Tears when they were expelled from the East and then moved over to the reservation lands. I became fascinated with what happened to the Native Americans and the struggle that many were undertaking then — and they still try to preserve their traditions and their way of life, their ties to the land, and still provide education and participate in the life of the country. I was interested in it then. I’m interested in it now. The Native Americans in our country who don’t have casinos on their tribal lands still have the lowest per capita income of any ethnic group in America. It’s a disgrace, and when I became president I was the first president since James Monroe in the 1820s to invite all the tribal leaders to the White House, and it was fascinating. Some of the ones who came from lands that had casinos flew in on their private jets. A lot of the others had to pass the hat in the reservation to raise enough money to pay for a plane ticket, and they all came, and we began to meet, and I learned a lot from them.
Recorded Academy of Achievement interview source ↗
Question What is one of the best or most worthwhile investments you have ever made — of money, time, or energy? Money & investment
My job was basically to be a delivery boy for all kinds of things, but they also — because I was at Georgetown and studying international affairs, I was assigned to read six newspapers a day and clip the most relevant articles. This is the technology we used. You couldn’t scan articles. There was no “online.” There was nothing, right? So I would read the newspapers, clip the articles I thought they ought to read, put them on a routing slip, which had on it the names of the senior staff of the committee and all the senators who were committee members. And I would send it to the senior staff, and they would decide whether to send any of them on, but I don’t think I’d have won a Rhodes Scholarship if I hadn’t been a clerk on the Foreign Relations Committee. Nobody else I was competing with read six newspapers a day, and they actually paid me good money to read The Washington Post, The New York Times, The Washington Star, which existed then, The Baltimore Sun , The St. Louis Post Dispatch , and then we alternated — and — oh, and The Wall Street Journal . We read them every day. Those were the six papers we read. I did, and then that’s what the senators got.
Recorded Academy of Achievement interview source ↗
Question What is the best advice you have ever received? Time & hindsight
He knew that it would be unpopular in Arkansas. You know, we’re just a state dominated by the Scotch-Irish, who provided 25 percent of all the soldiers who ever fought in uniform for America since the revolution. One of our counties had the highest fatality rate of any county in America in World War II. A lot of poor African American kids were in the military, and their parents didn’t want to know it was for nothing. I mean it was like an across-the-board challenge, and he believed — he had a very clear view of it, and I thought it was unusual because Fulbright had been more willing than I wish he had been to trim his sails on civil rights for a long time. And he said, “Yes, I disagree with them on that too,” but he said, “If you want to be a representative, and they know something, as much about something as you do — and they do on this — sometimes you have to give in.” “But on this, if I know more than they do, I am doing an immoral thing to preserve my political position at the expense of doing what’s right for their children over the long run.” And in the end, it played a significant role in the undoing of his career, but he did an enormous service to the country in the meantime. And I think — he lived to be 87 — he lived long enough for me to become president and give him the Medal of Freedom, and I think he died at peace with himself and the decision he made.
Recorded Academy of Achievement interview source ↗
Question Which teacher, parent, coach or friend most made you who you are, and what did you learn from them? Relationships
So Quigley taught a course called “The History of Civilizations,” and at the end, he said that the great gift of Western civilization to the human race was the idea of progress in a very specific way. He said it was the idea that the future can be better than the present and that every single person, not just the rulers, not just the elected leaders, not just the billionaires, every person has a personal moral obligation to make it so, to keep it going, to make the future better. And it resonated with me. I thought, “That’s the purpose of politics.” It made me really think even more than I had before that I might like a career in public service. It also made me aware of why in the aftermath of something like the 2008 crash you are going to have so much disorientation and anger and frustration because too many people have gotten up every day, and some still do, and looked in the mirror and thought all their tomorrows were going to be like yesterday. It’s the ultimate disempowerment. There’s nothing you can do for yourself, and even worse, for your family. It’s going to be all the same, and Quigley made us understand that our whole culture in Western civilization was designed to counter that, to believe that you personally could make a difference, and I never got over it.
Recorded Academy of Achievement interview source ↗
Question What is the hardest thing that has happened to you, and what did you carry out of it? Failure & regret
And because Fulbright was the chairman of the committee he had an automated — some sort of automated device that allowed the Pentagon to send him, every day, a list of the people who’d been killed in Vietnam from Arkansas. So I would go check it every day. Four of my high school classmates were killed, including, as I said, the son of my guy who was my Sunday school teacher for nine years. And I also knew, because I had to carry the stuff around, that not everything the government was claiming about the progress on the battlefield was true, and it’s kind of a crazy burden for a kid my age. I felt guilty I wasn’t there, and it felt futile to go. It was an awful feeling.
Recorded Academy of Achievement interview source ↗

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