The World Order Needs A Major Overhaul.

I Passionately Disagreed With Treasury Secretary Hank Paulson's Plan To Bail Out The Banks By Using A Public Fund Called The Troubled Asset Relief Program (tarp) To Help Banks Take Toxic Assets Off Their Balance Sheets. I Argued That It Would Be Much Better To Put The Money Where The Hole Was And Replenish The Equity Of The Banks Themselves.

Markets Can Influence The Events That They Anticipate.

Outperforming The Market With Low Volatility On A Consistent Basis Is An Impossibility. I Outperformed The Market For 30-odd Years, But Not With Low Volatility.

Markets Are Designed To Allow Individuals To Look After Their Private Needs And To Pursue Profit. It's Really A Great Invention, And I Wouldn't Underestimate The Value Of That. But They're Not Designed To Take Care Of Social Needs.

The Dark Comes Before Dawn. The Financial Markets Are Under Great Pressure Because Of The Lack Of Leadership During The Transition Period.