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

I've lost tremendous amounts of money in various markets and I think that that's something that makes you better at my job, not worse.

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

Well, he's just the same guy who in other aspects of his life would be very late to a trend.

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.

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

I will stand up for what I believe and for what I have always believed: Every person has a right to be rich in this country and I want to help them get there.