The financial markets generally are unpredictable. So that one has to have different scenarios... The idea that you can actually predict what's going to happen contradicts my way of looking at the market.

Law has become a business. Health care has become a business. Unfortunately, politics has also become a business. That really undermines society.

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

One of the myths propagated by the enemies of Israel is that there is an all-powerful Zionist conspiracy. That is a false accusation. Nevertheless, that AIPAC has been so successful in suppressing criticism has lent some credence to such false beliefs.

Short term volatility is greatest at turning points and diminishes as a trend becomes established

As a society we can't live without moral considerations. We do have to protect the public good. And markets are not designed to do that, so we need a political process.

The ultimate asset bubble is gold.