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"The people who are buying stocks because they're going up and they don't know what they do deserve to lose money."
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"Second, we're spending a huge amount of money on technology so that everyone can check out laptops and portable phones. We're spending more money to write our existing information into databases or onto CD-ROM."

"Want of money and the distress of a thief can never be alleged as the cause of his thieving, for many honest people endure greater hardships with fortitude. We must therefore seek the cause elsewhere than in want of money, for that is the miser's passion, not the thief s."

"I have been very lucky to find something I am good at and can make money at... Playing with Bruce was the embodiment of everything that a little kid could dream about."

"The Pentagon can't even audit its own books. It doesn't even know where its money is going. And we refuse to have the tough forces go on the Pentagon so that at least they are efficient with the money they're spending."

"Essentially, when we run a deficit, we are borrowing money to buy things that are made overseas."

"To be clever enough to get all that money, one must be stupid enough to want it."
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"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."

"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 mean that what makes me a professional, but the market itself has been fabulous during this whole period and I've got to give the market credit before I give myself credit."

"The danger that we have right now are people who get the same information as I do and, therefore, think they'll reach the same conclusions that haven't traded as long, don't have bear claws up and down their backs like I do."

"There are tons of people who are late to trends by nature and adopt a trend after it's no longer in fashion. They exist in mutual funds. They exist in clothes. They exist in cars. They exist in lifestyles."

"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 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."

"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."
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