If there is one thing that marks families with money in the long term it is this: delayed gratification.

The US is headed for ruin and revolution. The revolution will almost certainly be put down, violently. But the ruin cannot be stopped.

No man bears more responsibility for the present worldwide financial crisis and coming depression than Alan Greenspan.

If there is one thing that marks families with money in the long term it is this: delayed gratification.

Neither limits nor adversity are what ruin men. Under pressure, they handle themselves pretty well. It’s the lack of limits they can’t handle. That’s when they run amok. So, if you really want to see what a man is made of let him think he can get away with something.

A man on his owns knows that he is best advised to leave his dumbbell neighbors alone. But let him join a political party, and he fantasizes that he has the right and the power to tell everyone on the block what to do.

You don't get what you want from investing, you get what you deserve.