I think the most important factor in getting out of the recession actually is just the regenerative capacity of - of American capitalism.

There is no question that an important service is provided to investors by investment companies, investment advisors, trust departments, etc. This service revolves around the attainment of adequate diversification, the preservation of a long-term outlook, the ease of handling investment decisions and mechanics, and most importantly, the avoidance of the patently inferior investment techniques which seem to entice some individuals.

The only way to be loved is to be loveable, which really irritates me.

The stock market is a no-called-strike game. You don’t have to swing at everything – you can wait for your pitch.

Anything can happen anytime in markets. And no advisor, economist, or TV commentator-and definitely not Charlie nor I-can tell you when chaos will occur. Market forecasters will fill your ear but will never fill your wallet.

Investors making purchases in an overheated market need to recognize that it may often take an extended period for the value of even an outstanding company to catch up with the price they paid.

Wall Street makes its money on activity. You make your money on inactivity.