But be very, very careful, because when you're playing with momentum, you're playing with fire.

I may play a total madman on TV, but I'm really just a very unbalanced guy at home. However, when it comes to stocks, I believe in being rigorous and methodical, not crazy. There's no madness to my method.

After a lifetime of picking stocks, I have to admit that Bogle's arguments in favor of the index fund have me thinking of joining him rather than trying to beat him. Bogle's wisdom and common sense are indispensable... for anyone trying to figure out how to invest in this crazy stock market.

I mean that what makes me a professional, but the market itself has been fabulous during this whole period and I've got to give the market credit before I give myself credit.

Oligopoly, plutocracy, kleptocracy: All things that are good for a shareholder.

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

Success through the eyes of one once defeated, is true VICTORY.