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

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

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

They wouldn't be politicians if they knew what they were doing.

Teach your children or your grandchildren Chinese. It is going to be the most important language of their lifetimes.

You can no longer buy commodities at Merrill Lynch. My guess is many analysts and even executives are too young to know how profitable a hot commodities market can be. They will soon.

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