There's accountability in the mutual fund industry. And they've been tremendous engines of wealth for people and they're going to continue to be so.

I have never for a minute felt in was my stock picking abilities. I feel that my stock picking abilities aided- I was able to pick out which are the good stocks in the good market, but I have been blessed with a great market.

I've lost tremendous amounts of money in various markets and I think that that's something that makes you better at my job, not worse.

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.

Picking the right stocks is one of the hardest parts of investing, and every night on Mad Money, I try to take some of that burden off your shoulders.

The way the credit cards were made in the '80s to be a people's form of capitalism and be able to make it so that you could get a loan that you would have been denied previous, now that's the way stocks are.

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