I don't think there is a sound UK bank now, at least, if there is one I don't know about it. The City of London is finished, the financial centre of the world is moving east. All the money is in Asia. Why would it go back to the West? You don't need London.

You will never get anywhere if you do not do your homework.

Index investing outperforms active management year after year.

There is no such thing as a paper loss. A paper loss is a very real loss.

If you want to make a lot of money, resist diversification.

Without giving specific names, most of the significant American banks, the larger banks, are bankrupt, totally bankrupt.

The Federal Reserve was not founded to bail out Bear Stearns or a few hedge funds. It was founded to keep a stable currency and maintain its value.