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.

You will never get anywhere if you do not do your homework.

Commodities tend to zig when the equity markets zag.

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

Many investors seem to have forgotten a hard reality: There are frequent periods when stock markets don't do much.

One of the best rules anybody can learn about investing is to do nothing, absolutely nothing, unless there is something to do... I just wait until there is money lying in the corner, and all I have to do is go over there and pick it up... I wait for a situation that is like the proverbial "shooting fish in a barrel."

If anybody laughs at your idea, view it as a sign of potential success!