I'm always amazed that my wife can handle different subjects - one day politics, the next day foreign policy. And she always has so much fun doing it. We make a good team.

Any informed borrower is simply less vulnerable to fraud and abuse.

In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value.

The recent period has been marked by a transformation to an economy that is more productive as competitive forces become increasingly intense and new technologies raise the efficiency of our businesses...While these tendencies were no doubt in train in the "old," pre-1990s economy, they accelerated over the past decade as a number of technologies with their roots in the cumulative innovations of the past half-century began to yield dramatic economic returns.

I've always argued that this country has benefited immensely from the fact that we draw people from all over the world.

No matter how skillful the trading scheme, over the long haul, abnormal returns are sustained only through abnormal exposure to risk.

If you think you understand what I am saying you do not understand what I am saying.