I haven't met a rich technician

The first loss is the best loss.

My basic advise is don't lose money

Most of my thoughts, you couldn't print.

If you want to be lucky, do your homework.

Lady Luck smiles on those who continue their efforts

Commodities tend to zig when the equity markets zag.

Right now I own shares of companies in 28 countries.

If you want to make a lot of money, resist diversification.

You will never get anywhere if you do not do your homework.

Index investing outperforms active management year after year.

They wouldn't be politicians if they knew what they were doing.

Most successful investors, in fact, do nothing most of the time.

I was poor once, I didn't like it, I don't want to be poor again.

Following what everyone else is doing is rarely a way to get rich.

If anybody laughs at your idea, view it as a sign of potential success!

There is no such thing as a paper loss. A paper loss is a very real loss.

Historically, there has been a bull market in commodities every 20 or 30 years.

Unfortunately politicians are not very sound people or they wouldn't be politicians.

I’ve got one shot going through this life. I want to make sure I do as much as I can.

I don`t think I own any US stocks, if I do its very few, so few I can`t even remember.

I cannot invest the way I want the world to be; I have to invest the way the world is.

Buy low and sell high. It's pretty simple. The problem is knowing what's low and what's high.

Bottoms in the investment world don't end with four-year lows; they end with 10- or 15-year lows.

The most sensible skill that I can give to somebody born in 2003 is a perfect command of Mandarin.

History shows that people who save and invest grown and prosper, and the others deteriorate and collapse.

I think this is also a great time to invest in private equity, helping companies grow from the ground up.

The last leg of a bull market always ends in hysteria; the last leg of a bear market always ends in panic.

If you bail out every investment bank that gets in trouble, that's not capitalism, that's socialism for the rich

Many investors seem to have forgotten a hard reality: There are frequent periods when stock markets don't do much.

Teach your children or your grandchildren Chinese. It is going to be the most important language of their lifetimes.

Without giving specific names, most of the significant American banks, the larger banks, are bankrupt, totally bankrupt.

Beware of all politicians everywhere. They excelled at recess when they were in school but have excelled at little since.

The biggest public fallacy is that the market is always right. The market is nearly always wrong. I can assure you of that.

Never act upon wishful thinking. Act without checking the facts, and chances are that you will be swept away along with the mob.

If everyone thinks one way, it is likely to be wrong. If you can figure out that it is wrong, you are likely to make a lot of money.

I just wait until there is money lying in the corner, and all I have to do is go over there and pick it up. I do nothing in the meantime.

Not one country in existence today has had the same borders and government for as long as two hundred years. The world will continue changing.

It's a lot of fun finding a country that nobody knows about. The only thing better is finding a country everybody's bullish on and shorting it.

If you were smart in 1807 you moved to London, if you were smart in 1907 you moved to New York City, and if you are smart in 2007 you move to Asia.

The Federal Reserve was not founded to bail out Bear Stearns or a few hedge funds. It was founded to keep a stable currency and maintain its value.

If the current birth rate, which is the lowest in the major developed countries, continues, there will be no Japanese. Who will pay the enormous debt?

Do not buy the hype from Wall St. and the press that stocks always go up. There are long periods when stocks do nothing and other investments are better.

Tough times helped many commodities traders become lean and mean through consolidation, mergers and cost cutting. All that excess supply has been sopped up.

Tough times helped many commodities producers become lean and mean through consolidation, mergers and cost-cutting. All that excess supply has been sopped up.

Get inside information from the president and you will probably lose half of your money. If you get it from the chairman of the board, you will lose all of it.

Get inside information from the president and you will probably lose half your money. If you get it from the chairman of the board, you will lose all of your money.

I learned very early in my investing careers: I better not invest in what I want. I better invest in what's happening in the world. Otherwise I'll be broke - dead broke.

When things go wrong on a macroeconomic level, it's almost always this way. People find someone to blame, whether it's blacks, whites, Christians, Jews, Muslims-whoever.

Paper money is made of cotton, and I'm long cotton, by the way. One reason I'm long cotton is because Dr. Bernanke is out there running the printing presses as fast as he can.

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