A lot of times when I was short, I would create a level of activity beforehand that would drive the futures. . . . It's a fun game.

If you can't find the next McDonald's, I'll find the next McDonald's. But it's vital to be with people who with looking for 'em, because they do exist. They are created.

Remember, I am neither a bear nor a bull, I am an agnostic opportunist. I want to make money short- and long-term. I want to find good situations and exploit them.

I made a small fortune. I made a lot of money and I made a lot of other people wealthy.

You have a class of investors and you have a class of speculators. The speculators historically haven't been big enough to cause the investors to doubt the long-term vision of stock.

There are tons of people who are late to trends by nature and adopt a trend after it's no longer in fashion. They exist in mutual funds. They exist in clothes. They exist in cars. They exist in lifestyles.

And, strangely, this one of the few things in life that the third, the latter, the buy with our eyes closed has actually done better than everybody else.