I believe - deeply and profoundly - that speculation is a loser's game.

Learn every day, but especially from the experiences of others. It's cheaper!

Thomas Aquinas defined the human soul as the core of our being, and the power that brings our characteristics into unity so the soul of capitalism - in its own temporal world as contrasted to the spiritual world of human beings - is what defines the core of the system and the factors that unify to produce the wonderful world that we are blessed to live in.

I'd be the first to agree that capitalism bestows its blessings unevenly. But that wouldn't persuade me to think it was a good idea to do away with those blessings in their entirety. That said, there is lots of work to be done to make capitalism work better, and to broaden its blessings far more widely not only in America, but all over the globe.

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 you have trouble imagining a 20% loss in the stock market, you shouldn't be in stocks.

In the long run, investing is not about markets at all. Investing is about enjoying the returns earned by businesses.