I think there's a lot of merit in an international economy and global markets, but they're not sufficient because markets don't look after social needs.

I'm only rich because I know when I'm wrong...I basically have survived by recognizing my mistakes.

Most of the poverty and misery in the world is due to bad government, lack of democracy, weak states, internal strife, and so on.

Investors operate with limited funds and intelligence, they do not need to know everything. As long as they understand something better than others, they have an edge.

I don't panic. The same thing applies to me as to everybody else, so I'm given to euphoria and despair. And I would say that I basically have survived by recognizing my mistakes.

When money is free, the rational lender will keep on lending until there is no one else to lend to.

No individual anonymous participant can influence the prices and therefore you really can speculate in the market without paying attention to morality. That's one of the positive features of markets. That's why they function.