“Excessive regulation in the banking reform bill will destroy a substantial part of our bond-distributing machinery.”

The Boskin Commission… was an act of cowardice. Rather than man up and say fix this, its broken, we can’t afford it.

It is important for investors to understand what they do and don’t know. Learn to recognize that you cannot possibly know what is going to happen in the future.

Can anyone expect that a step of this kind will improve the quality of our long-term investments?’

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…

This ugly duckling investment will likely need time – quarters, or even years – to blossom into a beautiful swan.

For those of you who may be unaware, [Michael] Boskin is the economist/weasel/fraud who helped to officially distort the CPI, making it more or less worthless as a measure of inflation.

Returnless risk is not how you prepare for a decent retirement.

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.

I find it funny that people who didn’t think there was any inflation in the pipeline are now talking about stagflation.

Rather than engage in the sort of selective retention that so many investors tend to do and pretend mistakes never happened, I prefer to own them. This allows me to learn from them and, with any luck, avoid making the same errors again.

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.

One thing I detest most about the financial press is the lack of accountability. All sorts of nonsense is said without penalty.

If I am going to trash others for their dumb predictions, I must at least hold myself to the same sort of accountability.

History is replete with examples of tech firms that were marginalized by new companies and technologies.

Salesmen always need something to sell.

And any investment plan that is dependent on accurately forecasting where markets will be next year is doomed to failure.

The lesson of history is that you do not get a sustained economic recovery as long as the financial system is in crisis.

[Virtual Currencies] may hold long-term promise, particularly if the innovations Promote a faster, more secure and more efficient payment system.

I believe in destiny angel. I believe every choice i’ve made has brought me closer to you. I looked for you for a very long time. I may have fallen from heaven, but i fell for you.

Monetary policy cannot do much about long-run growth, all we can try to do is to try to smooth out periods where the economy is depressed because of lack of demand

It’s even occurred to me, as a teeny little subversive whisper of a thought, that if we stop mowing the lawn right now, it will probably be a long, long time before the yard gets overrun by lions and snakes.

As long as you fight, you cannot lose… if you leave everything out there, it doesn’t matter if you win or lose. To me you can never lose.

After long drought when rains abundant fall, He hears the herbs and flowers rejoicing all.

This is what they have suppressed so long. This is why they are so afraid of the psychedelics, because they understand that once you touch the inner core of your own and someone else’s being you can’t be led into thing-fetishes and consumerism.