I made a small fortune. I made a lot of money and I made a lot of other people wealthy.

I mean I'm not smarter than the market, but I can recognize a good tape and a bad tape. I recognize when it's right and when it's wrong and that's what my strength is.

We typically hear numbers that there are 34 million households that are in stocks in some form. Well, I say that what's occurred is if you have a job in this country, you're in stocks.

I invest in funds myself even though I run my own fund for my daughters.

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

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.

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