Market timing, by the way, is a tag some buy-and-hold investors use to put down anything that involves using your brain. These are the same people who like to watch the locomotive coming and get run down in the name of discipline.

As a professional, you can afford to pick some stocks and be wrong about a few of them. To keep your job, you cannot take the risk of being seen to be wrong about the 'big picture' for very long.

Capitalism does millions of things better than the alternatives. It balances supply and demand in an elegant way that central planning has never come close to.

I like to be right. I try not to miss the big ideas, forget the little ones, and try to get them right. End of job description.

The safe way to double your money is to fold it over once and put it in your pocket.

If I was money-motivated, I wouldn't have joined a rock band with three other Armenian guys.

It is great wealth to a soul to live frugally with a contented mind.

Nowadays you really have to pump out that blockbuster in order to have the luxury of getting a body of work, and that's sad because the work suffers. Today everything is based on money. The older actors, they inspire me.