It's our contention that equity may be in the money, depending on where the liabilities lie.

There is a time to make money and a time to not lose money.

The key is to wait. Sometimes the hardest thing to do is to do nothing.

This company looks cheap, that company looks cheap, but the overall economy could completely screw it up. The key is to wait. Sometimes the hardest thing to do is to do nothing.

It's our contention that equity may be in the money, depending on where the liabilities lie.

GM will do what's best for GM, and Delphi should do what's good for them.

I am the animal at the head of the pack. … I either get eaten, or I get the good grass.