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 do think people need to recognize that a lot of journalists want to write a story a certain way because the story will be better or the portrayal will be better, or at least recognize that whenever you're looking at something, you're seeing it through somebody's eyes who may actually not be the person who is the most insightful.

I'm just saying that if you understand how the economic machine works, it just works like a machine. There are cause-effect relationships.

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.

Look at what caused people to make a lot of money and you will see that usually it is in proportion to their production of what the society wanted.

To test if you are worrying too much about looking good, observe how you feel when you find out you've made a mistake or don't know something.

What I'm trying to say is that for the average investor, what I would encourage them to do is to understand there's inflation and growth - it can go higher and lower - and to have four different portfolios essentially that make up your total portfolio that gets you balanced.