“[Lloyd George] was still pessimistic about the war—said we were fighting better brains than our own—that there was not one really first-class man on our side. The Germans had shown that they had better training than we, and he knew the value of training—he had seen examples of it in the House of Commons, when Labour members competed against men of better education than themselves—they were just as good fellows, but they hadn't the training. And [Lloyd George] says that it is training that is wanting on our side—among the generals. He says our soldiers are the best in Europe, but they are being wantonly sacrificed because those in authority do not know how to make the best use of them.”

Frances Stevenson's diary entry (22 July 1921), A. J. P. Taylor (ed.), Lloyd George: A Diary (London: Hutchinson, 1971), pp. 230-231.
Prime Minister

Source: Essays In Biography (1933), Mr. Lloyd George: A Fragment, p. 35

Frances Stevenson's diary entry (16 November 1934), A. J. P. Taylor (ed.), Lloyd George: A Diary (London: Hutchinson, 1971), p. 291
Post-Prime Ministerial

Source: Father and Child Reunion (2001), p. 112.

Source: The Coyote Kings of the Space-Age Bachelor Pad (2004), Chapter 56 “At Last, the Box, Explained” (p. 320)

In conversation with James Agate, September 30, 1941; reported by Agate in his Ego 5 (London: Harrap, 1942) p. 136.
Sometimes also attributed to John Maynard Keynes.

[Lloyd George] said that for the first time DeV. simply roared with laughter.
Frances Stevenson's diary entry (18 July 1921), A. J. P. Taylor (ed.), Lloyd George: A Diary (London: Hutchinson, 1971), p. 228.
Prime Minister

Source: Lullaby