A Good Investor In This New World

You Have A Class Of Investors And You Have A Class Of Speculators. The Speculators Historically Haven't Been Big Enough To Cause The Investors To Doubt The Long-term Vision Of Stock.

I've Lost Tremendous Amounts Of Money In Various Markets And I Think That That's Something That Makes You Better At My Job, Not Worse.

Funny, But After Trading For More Than 15 Years, I Still Am Capable Of Forgetting A Cardinal Rule: The Paper You Own, In The End, Will Be Intertwined With The Fate Of The 30-year Bond.

As Long As You Enjoy Investing, You'll Be Willing To Do The Homework And Stay In The Game. That's Why I Try To Make The Show So Entertaining, Because If You Aren't Interested, You'll Either Miss The Opportunity To Make Money In The Market Or Not Pay Enough Attention And End Up Losing Your Shirt.

A Good Investor In This New World Knows To Always Expect The Unexpected.