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

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

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

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.

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

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