We are witnessing the death of abundance and the borning of austerity, for what may be a long, long time.

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

People have different impressions of themselves, and where reality lies is somewhere in between.

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.

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

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

Imperceptibly, the developed world's manufacturing base was gradually eroding and being replaced by securitized finance that destroyed itself and nearly its economies in 2008.