Be cautious and content with low positive returns in 2015. The time for risk taking has passed.

If financial assets no longer work for you at a rate far and above the rate of true wealth creation, then you must work longer for your money.

When does money run out of time? The countdown begins when investable assets pose too much risk for too little return; when lenders desert credit markets for other alternatives such as cash or real assets.

Both from the standpoint of stocks and bonds, an investor wants to go where the growth is.

In questioning initially whether I am a great investor, I open the door to question whether other similarly esteemed public icons like Bill Miller are as well. It seems, perhaps, that the longer and longer you keep at it in this business the more and more time you have to expose your Achilles heel - wherever and whatever that might be.

I would admit Im an introvert. I dont know why introverts have to apologize.

I have a 41-year track record of investing excellence… what do you have?