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.

Not one country in existence today has had the same borders and government for as long as two hundred years. The world will continue changing.

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

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

The last leg of a bull market always ends in hysteria; the last leg of a bear market always ends in panic.

If everyone thinks one way, it is likely to be wrong. If you can figure out that it is wrong, you are likely to make a lot of money.

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