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.

My family were really hard-working, blue-collar people, and I didn't know the idea or concept of working and having fun. I thought you just worked and made money to support your family.

Among other objectives, liquidity guidelines must take into account the risks that inadequate liquidity planning by major financial firms pose for the broader financial system, and they must ensure that these firms do not become excessively reliant on liquidity support from the central bank.

Every district is going to be different, but if you wanted me to give advice to those candidates: Run your own campaign, the DCCC does not run your campaign. Figure out ways to raise money from small-dollar donors, and put some real energy into that because that will give you freedom to say no to big donors.

Passion is the thing that sustains you in acting. If you're doing it for fame and money, don't even bother because it will never happen. The last thing I ever expected was to be paid for this.