We call it the zigzag theory. You want to find something that zigs and something that zags and blend them together to get a better combined performance.

One of the things that launched the strength in biotech is when the pharmaceutical industry itself got a little slow.

If you go back to 2001, the market had two violent short covering rallies then, although I know the market didn't officially get going until March 2003.

Large-caps were safe in 1996, '97, '98. Everybody was buying index funds and Nifty Fifty funds. As long as money was pouring in, it was great.

When you can't lend or trade - and you can't invest with the leverage that juiced returns to support seven- and eight-figure bonuses - how exactly are you going to make money?

I collected child support in Dade County, and they wrote a rap song about me, so the kids knew about it, and they started asking me questions about child support. What happens if she wastes the money? What happens if he doesn't pay? And I answered the questions.

The decline in home equity makes it more difficult for struggling homeowners to refinance and reduces the financial incentive of stressed borrowers to remain in their homes.

In return, society rewards those who give it what it wants. That is why how much money people have earned is a rough measure of how much they gave society what it wanted.