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.

You know those adages about smelling the roses and chasing butterflies? The markets are my butterflies and my roses.

Whenever I read the newspaper, I say to myself, 'At least my wife loves me.'

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.

Companies typically borrow money at less than their return on equity and therefore compound their return at the expense of lenders.

The market can move for irrational reasons, and you have to be prepared for that, ... you need to make big bets when the odds are in your favor -- not big enough to ruin you, but big enough to make a difference.

Finding the best person or the best organization to invest your money is one of the most important financial decisions you'll ever make.