“The Stone Age didn’t end because we ran out of stones, and the age of oil won’t end because we run out of oil.”

It does not reflect the fundamentals of supply/demand.

But the day they use hydrogen for transportation, this is the day that oil disappears.

The first law of economics is that when the price goes up, consumption comes down. This is a divine law.

Every day we hear about a new invention here and there and they are reducing considerably their consumption of oil.

I think the main problem we have is the pricing of oil as it is now. I think it’s wrong. It does not reflect the fundamentals of supply/demand.

A small group of people, they raise the price of oil and the whole world will suffer from this.

The oil companies are really making a very lucrative amount of profit from the high price of oil.

I will do my best to reduce the price of oil to expand the life span of oil at least for two decades or three decades.

The Stone Age did not end for lack of stone, and the Oil Age will end long before the world runs out of oil.

I don’t that they’re very keen to reduce the price of oil. The consumers are those who are the victims so I think that the producers, the governments, some of them, they’re enjoying the high revenue that they get.

To achieve satisfactory investment results is easier than most people realize; to achieve superior results is harder than it looks.

In trading/ investing it’s not about how much you make, but how much you don’t lose

In the financial markets, hindsight is forever 20/20, but foresight is legally blind. And thus, for most investors, market timing is a practical and emotional impossibility.

You don’t get what you want from investing, you get what you deserve.

There is a close logical connection between the concept of a safety margin and the principle of diversification.

You must never delude yourself into thinking that you’re investing when you’re speculating.

As in roulette, same is true of the stock trader, who will find that the expense of trading weights the dice heavily against him.

Thousands of people have tried, and the evidence is clear: The more you trade, the less you keep.