It's a lot of fun finding a country that nobody knows about. The only thing better is finding a country everybody's bullish on and shorting it.

If you were smart in 1807 you moved to London, if you were smart in 1907 you moved to New York City, and if you are smart in 2007 you move to Asia.

Lady Luck smiles on those who continue their efforts

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

The most sensible skill that I can give to somebody born in 2003 is a perfect command of Mandarin.

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

Do not buy the hype from Wall St. and the press that stocks always go up. There are long periods when stocks do nothing and other investments are better.