I think this is also a great time to invest in private equity, helping companies grow from the ground up.

Most of my thoughts, you couldn't print.

Most successful investors, in fact, do nothing most of the time.

Bottoms in the investment world don't end with four-year lows; they end with 10- or 15-year lows.

Diversification is something that stock brokers came up with to protect themselves, so they wouldn't get sued for making bad investment choices for clients. Henry Ford never diversified, Bill Gates didn't diversify. The way to get rich is to put your eggs in one basket, but watch that basket very carefully. And make sure you have the right basket.

The basic skills of math, English and writing are not enough, ... You must develop a basic system of values to form and guide the use of these skills. The true test will not be what you learned in college, but how you used what you learned.

Buy low and sell high. It's pretty simple. The problem is knowing what's low and what's high.