The public is even more pessimistic about the economy than even the most bearish economists are.

All I know is that I have way more stuff that I want to write about than I possibly have time to.

I don't think that somebody who is observing or predicting behavior should also be participating in the 'experiment.'

Actually, one of the better indicators historically of how well the stock market will do is just a Gallup poll, when you ask Americans if you think it's a good time to invest in stocks, except it goes the opposite direction of what you would expect. When the markets going up, it in fact makes it more prone toward decline.

The signal is the truth. The noise is what distracts us from the truth.

I love South American food, and I haven't really been down there. I really need a vacation.

I'm not trying to do anything too tricky.