Never forget this simple truism: Forecasting is marketing, plain and simple.

The market is going to love it. The market always seems to applaud major mergers, even though the vast majority of them don't work out and don't increase shareholder value.

The good news is that economists are intelligent, engaging and often charming folks. The bad news is their work is often of little use to investors.

Salesmen always need something to sell.

This ugly duckling investment will likely need time - quarters, or even years - to blossom into a beautiful swan.

If I am going to trash others for their dumb predictions, I must at least hold myself to the same sort of accountability.

One thing I detest most about the financial press is the lack of accountability. All sorts of nonsense is said without penalty.

Unlike cheap stocks, inexpensive asset classes have a lower chance of big drawdowns (broad asset classes don't go to zero) and a higher probability of average or better returns.

Returnless risk is not how you prepare for a decent retirement.

History is replete with examples of tech firms that were marginalized by new companies and technologies.

Keynes vs Hayek? Friedman vs Krugman? Those are the wrong intellectual debates. Its you vs. Tony Hayward, BP CEO, You vs. Lloyd Blankfein, Goldman Sachs CEO. And you are losing...

Endure pain to turn it into your power.

My mind may be sober, but my confidence is high!

I never wonder to see men wicked, but I often wonder to see them not ashamed.

It's a sad commentary when I have to say that sometimes in our country we are real sensitive to race.

Working in comedies is not something I set out to do. But, I love it. I've taken some improv classes here and there, but I don't consider myself a comedian by any means.

There are only two places in the world where we can live happy: at home and in Paris.

You are your best self when you give yourself away.

It gives men courage and ambition and the nerve for anything. It has the colour of gold, is clear as a glass and shines after dark as if the sunshine were still in it.

I'm sad for adults who want to be children. And children who want to be adults.

Ohioans know that he inherited a mess and created a surplus. So, on election day, John [Kasich] will prevail in Ohio.