It is only by understanding the emotion of others that an investor has a chance to produce superior results.

Be very careful. Giving because we think we will get something back will not work. You must be 100 percent willing to give and never experience any return, or it will not work.

See the investment world as an ocean and buy where you get the most value for your money. Right now the value is in non-callable bonds. Most bonds are callable so when they start going up in price, the debtor calls them away from you. But the non-callable bonds, especially those non-callable for 25-30 years, can go way up in price if interest rates go way down.

Bull-markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria.

How about no income tax at all on people over 65? People would continue working, remain healthier, not be an economic and social drain on society. Then the elderly would also have more disposable income to help charitable activities.

We often see people every day searching in the wrong places for the things they desire. Too many of our fellow humans try to find peace and happiness in drugs, alcohol, and sensual excitement. And it doesn't work. If we desire peace, the first place to look is within ourselves. Peace isn't an external condition as much as an internal context.

The more love we give away, the more we have left. The laws of love differ from the laws of arithmetic. Love hoarded dwindles, but love given grows. If we give all our love, we will have more left than they who save some. Giving love, not receiving, is important; but when we give with no thought of receiving, we automatically, and inescapably receive abundantly. Heaven is a by-product of love. When we say, "I love you," we mean that "a little of God's love flows from me to you." Thereby, we do not have less, but more. For in flowing, the quantity is magnified.