"The truth is, everything that has happened in my life that I thought was a crushing event at the time, has turned out for the better... You learn that a temporary defeat is not a permanent one. In the end, it can be an opportunity."
- Warren Buffett, from this Wall Street Journal article about college rejection letters.
Also in the article was this one from Lee Bollinger, the president of Columbia University:
To "allow other people's assessment of you to determine your own self-assessment is a very big mistake. The question really is, who at the end of the day is going to make the determination about what your talents are, and what your interests are? That has to be you."