Never do anything in life if you would be ashamed of seeing it printed on the front page of your hometown newspaper for your friends and family to see.

The secret to happiness is having low expectations.

I would say that an RFC-like thing might make sense. I probably would do it myself. But I don't think trying to combine that with what's going through now, I think what is needed now is liquidity.

Like I say, I don't think it'll be done perfectly. Maybe we'll end up with a little bit better [economy] system.

Truly conservative actions arise from intelligent hypotheses, correct facts and sound reasoning.

The best education you can get is investing in yourself, and that doesn't mean college or university.

Too often, executive compensation in the U.S. is ridiculously out of line with performance. That won't change, moreover, because the deck is stacked against investors when it comes to the CEO's pay. The upshot is that a mediocre-or-worse CEO - aided by his handpicked VP of human relations and a consultant from the ever-accommodating firm of Ratchet, Ratchet and Bingo - all too often receives gobs of money from an ill-designed compensation arrangement.