Basically, what I do is place a stop, generally 10 to 20 percent below the current price, whenever I buy a stock. The exact level depends on my own analysis of a stock's trading pattern. If a stock violates this stop, I'm out.

Monetary conditions exert an enormous influence on stock prices. Indeed, the monetary climate - primarily the trend in interest rates and Federal Reserve policy - is the dominant factor in determining the stock market's major direction.

Big money is made in the stock market by being on the right side of the major moves. The idea is to get in harmony with the market. It's suicidal to fight trends. They have a higher probability of continuing than not.

Generally, a rising trend in rates is bearish for stocks; a falling trend is bullish.

I consider the many years I produced 'Frontline' documentaries as the essential building blocks of my success.

My dad was my best friend. I worshipped him. All of my success in life really comes from him. He believed that you get nothing from negativity.

I didn't come into the music business to make money. I came into it to be a success. Of course, if you're successful, you'll earn money and I was happy to receive it.

When we talk about good books, we often talk about good sentences, but what we rarely talk about is reader pleasure. Yet it is reader pleasure that is going to make a book break out into the kind of success that makes it into a household name.