Who would think of buying or selling a private business because of someone's guess on the stock market? The availability of a quotation for your business interest (stock) should always be an asset to be utilized if desired. If it gets silly enough in either direction, you take advantage of it. Its availability should never be turned into a livability whereby its periodic aberrations in turn formulate your judgements.

A very rich person should leave his kids enough to do anything, but not enough to do nothing.

The key to life is to figure out who to be the batboy for.

If I subscribed to the efficient market theory I would still be delivering papers

If you don't feel comfortable owning something for 10 years, then don't own it for 10 minutes.

I think the oversight is great, and I think that oversight ought to be devoted almost entirely to the question is this being done at market you know. In other words, you want to make sure that the government isn't investing foolishly. But you don't want to care about which congressional districts it goes to or whether banks get favored over.

With enough insider information and a million dollars, you can go broke in a year.