The desire for gold is the most universal and deeply rooted commercial instinct of the human race.
Gerald M. LoebDon't be overly concerned about your heirs. Usually, unearned funds do them more harm than good.
Gerald M. LoebI once read about a meeting of economists who agreed that if their forecasts were 33 1/3 % correct, that was considered a high mark in their profession. Well, of course, I know you cannot invest in securities successfully with odds like that against you if you place dependence solely upon judgement as to the right securities to own and the right time or price to buy them. Then, too, I read somewhere about the man who described an economist as resembling ‘a professor of anatomy who was still a virgin.’
Gerald M. Loeb