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.

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.

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...

We're at peak oil, peak water, peak resources, and so either we figure it out and let science lead or we head down a very bad, dark trail to where a lot of people aren't going to make it.

I think the musical evolution I've gone through has come from all the work with the material.

I would make a horrible politician, because I wouldn't enjoy my work.

While men represent powerful activity as assertion and aggression, women in contrast portray acts of nurturance as acts of strength.

My whole life is reading tabloid magazines. It’s really sad, because that’s what my show is all about — what is going on with celebrities. So I have to know everything.

I recommended to the president [George Bush] that our focus had to be on al-Qaida, the Taliban and Afghanistan. Those were the ones who attacked the United States of America on 9/11.

The real world out there isn't nearly as nice as some people prefer it to be, so don't swallow everything your high-born teachers tell you without takinga long hard look at it yourselves.

The publicity image steals her love of herself as she is, and offers it back to her for the price of the product.

I am a veteran, I fought in a war. I've been a prosecutor. I've sent people to jail for the rest of their life.

I wish that every baby everywhere could land in a family that wanted that baby as much as we want ours.