I get to do what I like to do every single day of the year.

A pin lies in wait for every bubble. And when the two eventually meet, a new wave of investors learns some very old lessons: First, many in Wall Street (a community in which quality control is not prized) will sell investors anything they will buy. Second, speculation is most dangerous when it looks easiest.

The dumbest reason in the world to buy a stock is because it's going up.

Let blockheads read what blockheads wrote.

There are 309 million people out there that are trying to improve their lot in life. And we've got a system that allows them to do it.

If you look at the Forbes 400, they are paying a lower rate, accounting payroll taxes, than their secretary or - whomever around their office.

... the best way to own common stocks is through an index fund.