Get inside information from the president and you will probably lose half of your money. If you get it from the chairman of the board, you will lose all of it.

They wouldn't be politicians if they knew what they were doing.

I learned very early in my investing careers: I better not invest in what I want. I better invest in what's happening in the world. Otherwise I'll be broke - dead broke.

It's a lot of fun finding a country that nobody knows about. The only thing better is finding a country everybody's bullish on and shorting it.

One of the best rules anybody can learn about investing is to do nothing, absolutely nothing, unless there is something to do... I just wait until there is money lying in the corner, and all I have to do is go over there and pick it up... I wait for a situation that is like the proverbial "shooting fish in a barrel."

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

I haven't met a rich technician