I called gold the ultimate bubble, which means it may go higher. But it’s certainly not safe and it’s not going to last forever.

Well, you know, I was a human being before I became a businessman.

Whenever there is a conflict between universal principles and self-interest, self-interest is likely to prevail.

Globalization has rendered the world increasingly interdependent, but international politics is still based on the sovereignty of states.

When you sell options, you get paid for assuming risk. That can be a profitable business, but it does not mix well with the risks inherent in a leveraged portfolio.

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

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