They don't take eyeballs at the bank. Those who value stocks by eyeballs should go be ophthalmologists, not stock analysts. There is no cyberworld where reach trumps profits.

When people ask me how I was able to make so much money in the market during a 20-year period, I would always say I did it off the misunderstandings of others.

We are all wrong so often that it amazes me that we can have any conviction at all over the direction of things to come. But we must.

I think that there are changes that have occurred in technology that make is that more people can have the same level of information that I have. My advantage is that I'm very good at interpreting the information.

A good investor in this new world knows to always expect the unexpected.

The people who are buying stocks because they're going up and they don't know what they do, deserve to lose money.

I think that the public is in and the public is in big, and the public is not, I don't think going to pull out because the public knows what I said about 1987.