Historically, there has been a bull market in commodities every 20 or 30 years.

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

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.

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

Get inside information from the president and you will probably lose half of your money. If you get it from the chairman of the board, you will lose all of it.

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.

Most successful investors, in fact, do nothing most of the time.