The principal role of the mutual fund is to serve its investors.

My biggest prediction for the future is that people are going to start looking after individual investors.

Investing is not nearly as difficult as it looks. Successful investing involves doing a few things right and avoiding serious mistakes.

Capitalism is not a Ponzi scheme. Capitalism is a scheme of free markets.

Income earned by the sweat of your brow should be taxed at the lowest rates, not the highest. Capital gains should be taxed at a higher rate.

If your fund doesn't last for the long term, how can you invest for the long term?

Your success in investing will depend in part on your character and guts, and in part on your ability to realize at the height of ebullience and the depth of despair alike that this too shall pass.