If the bubbles contain a misconception, as they always do, then it can't be maintained forever.

When I had made more money than I needed for myself and my family, I set up a foundation to promote the values and principles of a free and open society.

Increase your bets when you are confident and scale down your positions when you don't have conviction.

Fundamental analysis seeks to establish how underlying values are reflected in stock prices, whereas the theory of reflexivity shows how stock prices can influence underlying values

It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong

Playing by the rules, one does the best he can, irrespective of the social consequences. Whereas in making the rules, people ought to be concerned with the social consequences and not with their personal interests.

Advocating democracy has, by other people, often been taken as a form of imperialism, and not without some justification. So the important thing in a democracy is that it doesn't necessarily have to agree with what America's interests are, and it doesn't necessarily have to be serving American interests.