Balance in life is the key, as Aristotle taught us. Nobody likes a naive Pollyanna, but neither do we like to be around people who are constantly complaining and finding fault.

You can judge a man by the books in his library.

Gold is as steady as a rock, a standardbearer by which all currencies can be accurately measured.

The worst thing that can happen to an investor is to make money on his first trade; he thinks investing is easy

The fundamental flaw in Social Security and Medicare is that they violate the 'welfare principle' in economics. The welfare principle forms the fundamental basis of all charitable work in churches and other private organizations: assist those who need help, and equally important, don't assist individuals who can take care of themselves.

In the early 1980s, I burned my Social Security card at the New Orleans Investment Conference in protest of the state pension system.

Contrary to what President Obama said in his inaugural address, going on Medicare and food stamps does not strengthen us. Just ask people who are fourth-generation welfare recipients.