I cannot invest the way I want the world to be; I have to invest the way the world is.

History shows that people who save and invest grown and prosper, and the others deteriorate and collapse.

Lady Luck smiles on those who continue their efforts

Tough times helped many commodities traders become lean and mean through consolidation, mergers and cost cutting. All that excess supply has been sopped up.

Do not buy the hype from Wall St. and the press that stocks always go up. There are long periods when stocks do nothing and other investments are better.

Right now I own shares of companies in 28 countries.

Never act upon wishful thinking. Act without checking the facts, and chances are that you will be swept away along with the mob.