I think if you look at the statistics and you deal with fake media - and fake media and distorted media is a continuum - the vast majority of the population says, "I don't know what to believe." There are no checks and balances in quality control.

Principles are what allow you to live a life consistent with those values. Principles connect your values to your actions.

The biggest mistake investors make is to believe that what happened in the recent past is likely to persist. They assume that something that was a good investment in the recent past is still a good investment. Typically, high past returns simply imply that an asset has become more expensive and is a poorer, not better, investment.

If you have the power to see things through somebody else's eyes, it's like going from black and white to color or two dimensions to three dimensions.

I'd like to be clear that a number of people find me intolerable, and they don't hesitate to say so - which they and I cherish.

People who confuse what they wish were true with what is really true create distorted pictures of reality that make it impossible for them to make the best choices.

Over the long run, the price of gold approximates the total amount of money in circulation divided by the size of the gold stock. If the market price of gold moves a long way from this level, it may indicate a buying or selling opportunity.