The best investment you can make, is an investment in yourself... The more you learn, the more you'll earn.

You're dealing with a lot of silly people in the marketplace; it's like a great big casino and everyone else is boozing. If you can stick with Pepsi, you should be OK.

In the insurance business, there is no statute of limitation on stupidity.

If you expect to be a net saver during the next 5 years, should you hope for a higher or lower stock market during that period? Many investors get this one wrong. Even though they are going to be net buyers of stocks for many years to come, they are elated when stock prices rise and depressed when they fall. This reaction makes no sense. Only those who will be sellers of equities in the near future should be happy at seeing stocks rise. Prospective purchasers should much prefer sinking prices.

At this point, when treasury bills, seven day treasury bills at 1/20th of one percent, it's not because people want to earn 1/20th of one percent, it's because they trust the fact the treasury will give it back to them next week.

You have no ability, if you're a financial institution and you're threatened with criminal prosecution, you have no ability to negotiate.

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