Janet Yellen at the FED is equivalent to having a biology schoolteacher who has never seen blood perform brain surgery.

In the United States large corporations control some members of Congress. All this does is delay the corporation’s funeral at our expense.

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.

Luck is the grand equalizer.

If you roll dice, you know that the odds are one in six that the dice will come up on a particular side. So you can calculate the risk. But, in the stock market, such computations are bull - you don't even know how many sides the dice have!

Probability is not about the odds, but about the belief in the existence of an alternative outcome, cause, or motive.

He who has never sinned is less reliable than he who has only sinned once. And someone who has made plenty of errors-though never the same error more than once-is more reliable than someone who has never made any.