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.

But be very, very careful, because when you're playing with momentum, you're playing with fire.

The party line is that stocks historically have outperformed all other investment plans.

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

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.

These will be fabulous investments and will make millions of more people rich.

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.