There is a shortage of doctors, and the American Medical Association is aiming to keep it that way.

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.

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

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.

I wish the night would end, I wish the day'd begin, I wish it would rain or snow, or the wind would blow, or the grass would grow, I wish I had yesterday, I wish there were games to play...

Adapting the right attitude can convert a negative stress into a positive one.

America has always been fascinated with the bad guy that's probably why I'm still here. I'm not just living off my bad guy image cuz at the end of the day nobody wants to be bad forever.

Though thousand times a thousand in battle one may conquer, yet should one conquer just oneself, one is the greatest conqueror.

Whether or not Saddam is implicated directly in the anthrax attacks or the horrors of September 11, he is, by any common definition, a terrorist who must be removed.

As the happiness of the people is the sole end of government, so the consent of the people is the only foundation of it.

He's a blockhead who wants a proof of what he cannot perceive. And he's a fool a fool who tries to make such a blockhead believe.

When she spoke again it was in the thin, careful and above all brave voice of someone who has pulled themselves together despite overwhelming odds but might let go again at any moment.

I have to do everything tomorrow first.