Goldman Sachs saying they might be interested in such an investment. I'm familiar with the company. I've known the management, the current management, Jack Welch before Jeff Immelt. I've known him for decades.

I'd rather have a $10 million business making 15 per cent than a $100 million business making 5 per cent.

When people tell me they've learned from experience, I tell them the trick is to learn from other people's experience.

A CEO's behavior has a huge impact on managers down the line.

We're still in a recession. We're not gonna be out of it for a while, but we will get out.

What motivates most gold purchasers is their belief that the ranks of the fearful will grow ... As 'bandwagon' investors join any party, they create their own truth - for a while.

I won't close down a business of subnormal profitability merely to add a fraction of a point to our corporate returns. I also feel it inappropriate for even an exceptionally profitable company to fund an operation once it appears to have unending losses in prospect. Adam Smith would disagree with my first proposition and Karl Marx would disagree with my second; the middle ground is the only position that leaves me comfortable.