The [stock] market,like the Lord, helps those who help themselves. But, unlike the Lord, the market does not forgive those who know not what they do.

He must never forget Charlie's plea: Tell me where I'm going to die, so I'll never go there.

None of this means, however, that a business or stock is an intelligent purchase simply because it is unpopular; a contrarian approach is just as foolish as a follow-the-crowd strategy. What's required is thinking rather than polling. Unfortunately, Bertrand Russell's observation about life in general applies with unusual force in the financial world: "Most men would rather die than think. Many do."

If anything, taxes for the lower and middle class and maybe even the upper-middle class should even probably be cut further. But I think that people at the high end - people like myself - should be paying a lot more in taxes. We have it better than we've ever had it.

The rest of the world really likes our stuff pretty well. It's just we buy so damn much of what they produce.

Derivatives are financial weapons of mass destruction.

It's class warfare, my class is winning, but they shouldn't be.