“The very nature of finance is that it cannot be profitable unless it is significantly leveraged... and as long as there is debt, there can be failure and contagion.”

“To succeed, you will soon learn, as I did, the importance of a solid foundation in the basics of education - literacy, both verbal and numerical, and communication skills.”

“Fear and euphoria are dominant forces, and fear is many multiples the size of euphoria. Bubbles go up very slowly as euphoria builds. Then fear hits, and it comes down very sharply. When I started ...”

“Any informed borrower is simply less vulnerable to fraud and abuse.”

“Finance is wholly different from the rest the economy.”

“In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value.”

“There is no greater power than that of a laugh and happiness is a force which can save a person from the horrors of the world.”

“Today you are You, that is truer than true. There is no one alive who is Youer than You.”

“The world is a tragedy to those who feel, but a comedy to those who think.”