We should probably stop trading derivatives, anything more complex than regular options ... I am an options trader, and I don't understand options. How do you want a regulator to understand them?

When an investor focuses on short-term investments, he or she is observing the variability of the portfolio, not the returns - in short, being fooled by randomness.

I don't read the papers; I stopped reading the papers. I read the papers only during periods of crisis, and I think papers are too long on a regular day and too short days when we have a crisis.

A country's assets reside in the tinkerers, the hobbyists, and the risk-takers.

The grandchildren should not bear the debts of the grandparents.

History doesn't crawl; it leaps.

Karl Marx, a visionary, figured out that you can control a slave much better by convincing him he is an employee.