Without calling the overall national issue a bubble, it's pretty clear that it's an unsustainable underlying pattern.

I have found no greater satisfaction than achieving success through honest dealing and strict adherence to the view that, for you to gain, those you deal with should gain as well.

The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default.

I guess I should warn you, if I turn out to be particularly clear, you've probably misunderstood what I've said.

I do not deny that many appear to have succeeded in a material way by cutting corners and by manipulating associates, both in their professional and in their personal lives. But material success is possible in this world and far more satisfying when it comes without exploiting others.

How do we know when irrational exuberance has unduly escalated asset values?

Protectionism will do little to create jobs and if foreigners retaliate, we will surely lose jobs.