Most investors want to do today what they should have done yesterday.

The major challenge for the United States is whether it can become the first outward-looking, continental, nonimperialist power in history.

There are children who are working in textile businesses in Asia who would be prostitutes on the streets if they did not have those jobs

Takeovers wouldn't cause the stock market to rise unless there is an upward reassessment of earnings (potential). People are more optimistic and confident about the future.

Most investors want to do today what they should have done yesterday.

Global capital markets pose the same kinds of problems that jet planes do. They are faster, more comfortable, and they get you where you are going better. But the crashes are much more spectacular.

Spread the truth-the laws of economics are like the laws of engineering. One set of laws works everywhere.