Bond investors are the vampires of the investment world. They love decay, recession - anything that leads to low inflation and the protection of the real value of their loans.

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.

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

Bonds despite their ridiculous yields will not easily be threatened with a new bear market.

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.

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

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