The way we finance homes in this country is slow, filled with middlemen, who run a nonstandardized evaluation process. This makes financing a home cumbersome and difficult.

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 am a Saturn who dreams of being a Mercury, and everything I write reflects these two impulses.

First times are always sacred. May we never run out of "firsts

The most beautiful sunset is the one which suddenly appears in front of you while you are walking pensively!

I'll have to as you say take a stand do something toward shaking up that system. ... Despair ... is too easy an out.

You need strong leadership to effectuate change, and the easiest way is to keep everything status quo. And sometimes changes are necessary. If not, you build up too much potential energy.

She [ Elizabeth II] is, you know, "Do-what-you're-told, Lady". But in the Commonwealth, she is much more than just a figurehead.

You can't have problems with hand movement, if you're going to be a good putter.

Ah, nut-brown partridges! Ah, brilliant pheasants! And ah, ye poachers!--'Tis no sport for peasants.

I was actually a pretty good student. My problem was that I didn't know what I wanted to study.

One night stands are not for me. I think it's gross when you just give it up.