The mutual fund industry has been built, in a sense, on witchcraft.

Reversion to the mean is the iron rule of the financial markets.

Corporate leaders surely have their problems, I believe that most CEOs are doing their best to hew to the ethical line. The problem is that that line has gotten blurred and that our moral standard seems to be "if everybody else is doing it, it's okay". That's not good enough for me.

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

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

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

While I haven't read economist Robin Hahnel's work, replacing capitalism would be at the very bottom of my list of priorities - to be considered only after everything else had been tried. Improving our capitalistic system however, is at the top of my list and is of course the major theme of "The Battle for the Soul of Capitalism."