The mutual fund industry provided the money for Intel and Motorola and Hewlett-Packard to crush the competitors.

When people ask me how I was able to make so much money in the market during a 20-year period, I would always say I did it off the misunderstandings of others.

I mean it's the most objective industry in the world. If your numbers stink, you're out. If your numbers are good, you get more money. It's the most Darwinian, it's beautiful, it's brutal, it works.

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 am not a hesitant bull, I'm a Pamplona bull.

We are all wrong so often that it amazes me that we can have any conviction at all over the direction of things to come. But we must.

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.