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

The price of a commodity will never go to zero. When you invest in commodities futures, you're not buying a piece of paper that says you own an intangible piece of company that can go bankrupt.

Right now I own shares of companies in 28 countries.

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.

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.

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

I’ve got one shot going through this life. I want to make sure I do as much as I can.