Frodo: I wish the ring had never come to me. I wish none of this had happened.
Gandalf: So do all who live to see such times. But that is not for them to decide. All we have to decide is what to do with the time that is given to us. There are other forces at work in this world Frodo, besides the will of evil. Bilbo was meant to find the Ring. In which case, you were also meant to have it. And that is an encouraging thought.

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More from The Lord of the Rings: The Fellowship of the Ring

Elrond: Nine companions. So be it. You shall be the fellowship of the ring.
Pippin: Great! Where are we going?

Gandalf: Keep it secret. Keep it safe.

Sam: There’s an eye-opener, and no mistake.

Gandalf: It is in Men that we must place our hope.
Elrond: Men? Men are weak. The Blood of Numenor is all but spent, its pride and dignity forgotten. It is because of Men the Ring survives. I was there, Gandalf. I was there three thousand years ago. I was there the day the strength of Men failed.

Saruman: We must join with Him, Gandalf. We must join with Sauron. It would be wise, my friend.
Gandalf: Tell me, “friend”, when did Saruman the Wise abandon reason for madness?