Opportunity comes to the prepared mind.

It's not supposed to be easy. Anyone who finds it easy is stupid.

Wall Street has too much wealth and political power.

Some people seem to think there's no trouble just because it hasn't happened yet. If you jump out the window at the 42nd floor and you're still doing fine as you pass the 27th floor, that doesn't mean you don't have a serious problem. I would want to address the problem right now.

Kellogg's and Campbell's moats have also shrunk due to the increased buying power of supermarkets and companies like Wal-Mart. The muscle power of Wal-Mart and Costco has increased dramatically.

We're emphasizing the knowable by predicting how certain people and companies will swim against the current. We're not predicting the fluctuation in the current.

In the corporate world, if you have analysts, due diligence, and no horse sense, you've just described hell.