Government is promoting bad behavior... Do we really want to subsidize the losers' mortgages? This is America!

How many of you people want to pay for your neighbor's mortgage?

The markets represent the aggregate interaction of many investors. Their attitudes, philosophies, and behavioral patterns on many levels are predictable... and repetitive.

We all know deep inside that no country is the same as it was 5 years ago.

I've said from day one, when Donald Trump gets in there, he's going to make an equal number of Republicans unhappy as Democrats unhappy.

Leonardo Fibonacci, the great 13th century Italian mathematician (1175-1250) created the 'Fibonacci sequence' to explain behavior in nature mathematically. History has it that the first question he posed was how many rabbits would be created in one year starting with one pair.

I have a daughter for a while that didn't have insurance. She gets a different price than people who have insurance.

We need to understand that in the end, if we're going to make a positive difference in the future, we can't have election cycles where one side, the middle and the right side, they talk trash.

Think Apple, think the FBI. We are living 'Atlas Shrugged.' Why is it so important? Because I would hate for the country to have that rhetorical question: Where is John Galt, who is John Galt? John Galt is all of us.

You know what that big number was? It was 1957. It's not the year I was born. I'm a little older than that. I wish it was the year I was born. It was the year one of my favorite books was written: 'Atlas Shrugged.' Ayn Rand.

The issue is, you're not going to have a lot of inflation showing up when you have no velocity.

Look at the Weimar Republic and their hyperinflation in the early '20s. It didn't happen overnight. I've used the analogy, it's a lot like soybeans: you plant 'em, you wait. Conditions take some time. You need some sun; you need some water, but ultimately things start to grow, and are we in that phase or not?

Printing money - is it really the answer? ... If we just print a million dollars for every man, woman, and child in the country and handed it to them, won't that fix everything? Because in order to really look at printing - I like to take everything to the extreme.

I've talked about commodity price volatility in the past: go back to the tape... I never said it was about inflation.

When it comes to policies of central bankers, the biggest systemic risk we have... are those policies.

Believe me. When you're talking about trust in government, you're preaching to the choir, whether it's on the financial side, the central banking side: we see areas where the government does good jobs; we see areas where they don't do as good a job.

We now have the technology to pretty much hear everything. Can you imagine how our holiday dinners would be if every relative's entire conversations from birth to that moment in time was shown to every other relative?

Markets are unforgiving, and sometimes they move for reasons we can't possibly foresee.

I think it is a mistake for candidates, or once they get elected in office, to be dwelling too much on the topic of markets.

Working with Russia, we worked with Iran. Are they our friends? You have to take each situation uniquely.

I remember I had a professor in college. I wrote a great paper. Could never please this guy. But it made me better.

People with 401(k)s need to be very conservative. Picking bottoms should be for insiders and traders.

When I was an institutional broker in a former life, I was a believer in the merits of using technical analysis. I found that it was a very useful tool that complemented the much more mainstream tools generically referred to as fundamental analysis.

People ask me if I'm the father of the Tea Party movement... I was the spark... that started it.