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"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."
"I think you'll do as well as most professionals. Most professionals don't beat the market. Let's not over-rate my industry. But if you have time, you can be in good mutual funds that have good records."
"We are all wrong so often that it amazes me that we can have any conviction at all over the direction of things to come. But we must."
"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."
"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."
"The party line is that stocks historically have outperformed all other investment plans."
"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."
"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."
"The mutual fund industry provided the money for Intel and Motorola and Hewlett-Packard to crush the competitors."
"I want to buy them, because historically these have been great engines of enrichment for the middle class, 'historically' meaning now for a good ten years."
"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."