It's class warfare, my class is winning, but they shouldn't be.

The secret to happiness is having low expectations.

When we went crazy, and we did go crazy on residential real estate, it set things in motion that just - the dominoes started toppling.

I mean there is no capital requirements to it or anything of the sort. And basically, I said there were possibly financial weapons of mass destruction, and they had them. They destroyed AIG. They certainly contributed to the destruction of Bear Sterns and Lehman. Although Lehman had other problems, too.

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.

We intend to continue our practice of working only with people whom we like and admire. This policy not only maximizes our chances for good results, it also ensures us an extraordinarily good time.

If AIG had tried to unwind their derivatives books. I don't know. It would have hit every institution in the world.