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

There is no such thing as a paper loss. A paper loss is a very real loss.

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

I don't think there is a sound UK bank now, at least, if there is one I don't know about it. The City of London is finished, the financial centre of the world is moving east. All the money is in Asia. Why would it go back to the West? You don't need London.

Paper money is made of cotton, and I'm long cotton, by the way. One reason I'm long cotton is because Dr. Bernanke is out there running the printing presses as fast as he can.

Beware of all politicians everywhere. They excelled at recess when they were in school but have excelled at little since.

Bottoms in the investment world don't end with four-year lows; they end with 10- or 15-year lows.