I made a small fortune. I made a lot of money and I made a lot of other people wealthy.
This is a business, the direct selling, that bizarrely works best when times are bad.
The way the credit cards were made in the ’80s to be a people’s form of capitalism and be able to make it so that you could get a loan that you would have been denied previous, now that’s the way stocks are.
These will be fabulous investments and will make millions of more people rich.
I think that I could have been take apart if the bear market continued, but I waited three years before I felt the bear market was over and I was right.
Success through the eyes of one once defeated, is true VICTORY.
I think that the public is in and the public is in big, and the public is not, I don’t think going to pull out because the public knows what I said about 1987.
Historically, it’s been wrong to underestimate the Chinese Communist Party’s ability to keep growth going in order...
I am not a hesitant bull, I’m a Pamplona bull.
We typically hear numbers that there are 34 million households that are in stocks in some form. Well, I say that what’s occurred is if you have a job in this country, you’re in stocks.
I think that stocks have been this tremendous, tremendous equalizer for people in this country. Guys who can’t make a lot of money at their jobs have been able to make a lot of money in the stock market.
I don’t think that’s changed at all. I think there are a thousand stocks out there that could make you rich, totally independent of what you do for a living.
I think that there are changes that have occurred in technology that make is that more people can have the same level of information that I have. My advantage is that I’m very good at interpreting the information.
If you can’t find the next McDonald’s, I’ll find the next McDonald’s. But it’s vital to be with people who with looking for ’em, because they do exist. They are created.
The corporate killer downsizing is directly responsive to what the mutual funds have wanted.
The mutual fund industry provided the money for Intel and Motorola and Hewlett-Packard to crush the competitors.
There’s accountability in the mutual fund industry. And they’ve been tremendous engines of wealth for people and they’re going to continue to be so.
And, strangely, this one of the few things in life that the third, the latter, the buy with our eyes closed has actually done better than everybody else.
I am doing my best to find it. I will find it before the public finds it. I will get out of it before it’s too late. The reason I will do that is because that’s what I’m paid to do.
I have never for a minute felt in was my stock picking abilities. I feel that my stock picking abilities aided- I was able to pick out which are the good stocks in the good market, but I have been blessed with a great market.
They don’t take eyeballs at the bank. Those who value stocks by eyeballs should go be ophthalmologists, not stock analysts. There is no cyberworld where reach trumps profits.