Never act upon wishful thinking. Act without checking the facts, and chances are that you will be swept away along with the mob.

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

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

When things go wrong on a macroeconomic level, it's almost always this way. People find someone to blame, whether it's blacks, whites, Christians, Jews, Muslims-whoever.

I don`t think I own any US stocks, if I do its very few, so few I can`t even remember.

Most of my thoughts, you couldn't print.

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