It's better to hang out with people better than you. Pick out associates whose behavior is better than yours and you'll drift in that direction.

The nature of democracy is such that when there's - there'll be revulsion, obviously, towards - that's never going to happen again.

If I taught a class, on my final exam I would take an Internet company and ask, 'How much is this company worth?' Anyone who would answer, I would flunk.

What motivates most gold purchasers is their belief that the ranks of the fearful will grow. During the past decade that belief has proved correct. Beyond that, the rising price has on its own generated additional buying enthusiasm, attracting purchasers who see the rise as validating an investment thesis. As 'bandwagon' investors join any party, they create their own truth - for a while.

We will only do with your money what we would do with our own.

The truth is, everything that has happened in my life... that I thought was a crushing event at the time, has turned out for the better.

Activity is the enemy of investment returns.