Investors have to train themselves to look forward and when they do that a whole different picture emerges.

You may find there is more volatility in the various markets in Europe.

Since there are so many different environments in the soil, the likelihood of finding different organisms and different chemistries is high. The world is full of microorganisms that have learned, chemically, how to get along, how to communicate with, how to influence other animals. It might turn out that they're making chemical molecules that turn out to be useful to people.

We are very short on classroom space on both [Livingston and Cook/Douglass], and the modular buildings provide us with temporary additional space.

If there's some action, it's going to depend on how we come out. If there's a swift retaliation, and it's seen as successful, it could make people feel good, spur celebrating and give us a lift.

Now is the time to invest overseas. I have not felt this strongly about any investment opportunity since the early 1980s.

These numbers are in line with an economy we see as sluggish but still growing. Consumers are still willing to spend, even if they do have to dip into savings.

What you have now is corporations trying to manage expectations with the intent later this year and certainly early next year of beating those expectations, ... So this market is really getting set up for a major change in perception once we begin to see some kind of economic pickup.

I think the Fed will take it very slowly from here on in. The Fed is cognizant of the fact that we are going to get massive fiscal stimulus in the next couple of months.