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"Tough times helped many commodities producers become lean and mean through consolidation, mergers and cost-cutting. All that excess supply has been sopped up."
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"Money is only a problem to those that aren't willing to develop a higher conscience about how to master it."

"Organized scarcity is the best way to increase your profits.This is the idea of the ends justify the means. There are second and third order effects that will take away all of the gains and then some. Wisdom is better than gold, peace is better than profit."

"A sure way to go broke is to spend your outer riches before you have saved enough of your inner ones."

"Sharpen and trust your judgement: learn when spending is a shrewd investment and when it is merely an indulgence."

"Investing is a simple process of taking into account the present value and future value. The other major factor to understand here, is what you lose as a result of inaction. Consider what you can gain and what you can lose in your decision."

"Never ask of money spent Where the spender thinks it went. Nobody was ever meant To remember or invent What he did with every cent."
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"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?"

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

"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."

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

"You can no longer buy commodities at Merrill Lynch. My guess is many analysts and even executives are too young to know how profitable a hot commodities market can be. They will soon."

"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."
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