If you want to be lucky, do your homework.

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

The biggest public fallacy is that the market is always right. The market is nearly always wrong. I can assure you of that.

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

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

Buy low and sell high. It's pretty simple. The problem is knowing what's low and what's high.