On days like today you realize that you just can't keep these hypergrowth stocks down.

This is a business, the direct selling, that bizarrely works best when times are bad.

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.

As long as you enjoy investing, you'll be willing to do the homework and stay in the game. That's why I try to make the show so entertaining, because if you aren't interested, you'll either miss the opportunity to make money in the market or not pay enough attention and end up losing your shirt.

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 wish it grew on trees, but it takes hard work to make money.

I think that I could have been take apart if the bear market continued, but I waited three years before I felt the bear market was over and I was right.