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."

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

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

The City of London and Wall Street are not going to be great places to be in the next two or three decades. It's going to be the people who produce real goods in charge – the farmers and the miners.

Most of my thoughts, you couldn't print.

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

I’ve got one shot going through this life. I want to make sure I do as much as I can.