I have always been very diversified, so I have never suffered a catastrophic loss. I spread my money around the way a large institutional investor does. I use different brokerage firms. I manage some of my accounts myself.

It isn't the rich people's fault that poor people are poor. Poor people who get an education and work hard in this country will stop being poor. That should be the goal for all poor people everywhere.

When Hollywood sees a good story about a man who sells confidence, they see themselves and they like it.

We are mortgaging ourselves to foreigners on a scale that would make George Washington cry. Every day - every single day - we borrow a billion dollars from foreigners to buy petroleum from abroad, often from countries that hate us. We are the beggars of the world, financing our lavish lifestyle by selling our family heirlooms and by enslaving our progeny with the need to service the debt.

The indispensable first step to getting the things you want out of life is this: decide what you want.

It's amazing what ordinary people can do if they set out without preconceived notions.

I have always been very diversified, so I have never suffered a catastrophic loss. I spread my money around the way a large institutional investor does. I use different brokerage firms. I manage some of my accounts myself.