If a company has stable earnings quarter after quarter, ... and each quarter its earnings go up another penny, and then all of a sudden, they don't go up anymore, investors go nuts.

The way I like to think of day trading is that it's probably the most effective weapon ever to commit financial suicide, ... It's an absolutely lethal way for the typical person to invest because it's not even really a form of investing, it's gambling pure and simple.

Mutual funds really stunk.

We come with this built-in prediction addiction, ... Brain research [shows] that you're going to try to outsmart the market whether you can or not.

There's no doubt that a lot of this wheeling and dealing has been spurred by the lifting of many of the federal restrictions that were imposed on the utility industry during the Great Depression.