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

You will never get anywhere if you do not do your homework.

Lady Luck smiles on those who continue their efforts

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 was poor once, I didn't like it, I don't want to be poor again.

My basic advise is don't lose money

Index investing outperforms active management year after year.