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.

I don't think that's changed at all. I think there are a thousand stocks out there that could make you rich, totally independent of what you do for a living.

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

Whatever money you may need for the next five years, please take it out of the stock market right now, this week.

Every once in a while, the market does something so stupid it takes your breath away

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.

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.