When It's Raining Gold, Reach

If You Knew What Was Going To Happen In The Economy, You Still Wouldn't Necessarily Know What Was Going To Happen In The Stock Market.

Having A Large Amount Of Leverage Is Like Driving A Car With A Dagger On The Steering Wheel Pointed At Your Heart. If You Do That, You Will Be A Better Driver. There Will Be Fewer Accidents But When They Happen, They Will Be Fatal.

Take The High Road; It's Far Less Crowded.

The One Piece Of Advice I Can Give You Is, Do What Turns You On. Do Something That If You Had All The Money In The World, You’d Still Be Doing It. You’ve Got To Have A Reason To Jump Out Of Bed In The Morning.

Stocks Of Companies Selling Commodity-like Products Should Come With A Warning Label: "competition May Prove Hazardous To Human Wealth".