The good thing is, we have household formation in this country.

... not doing what we love in the name of greed is very poor management of our lives.

Making money isn't the backbone of our guiding purpose; it is the by-product of our guiding purpose.

Investors have to remember: corporate profits are going up, but stocks are going up faster. How can that continue indefinitely? Investors can only earn what companies themselves can earn; the government or the markets themselves don't kick anything in. How can you get anything more out of a farm than what it grows?

When we really sit back with a smile on our face is when we run into a situation we can understand, where the facts are ascertainable and clear, and the course of action obvious.

If you have a harem of 40 women, you never get to know any of them very well.

All but a few of the organizations do not specifically promise to deliver superior investment performance although it is perhaps not unreasonable for the public to draw such an inference from their advertised emphasis on professional management.