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.

Index investing outperforms active management year after year.

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

I haven't met a rich technician

Commodities tend to zig when the equity markets zag.

The biggest public fallacy is that the market is always right. The market is nearly always wrong. I can assure you of that.

Right now I own shares of companies in 28 countries.