My Approach Works Not By

Making An Investment Decision Is Like Formulating A Scientific Hypothesis And Submitting It To A Practical Test.

Bush's War In Iraq Has Done Untold Damage To The United States. It Has Impaired Our Military Power And Undermined The Morale Of Our Armed Forces. Our Troops Were Trained To Project Overwhelming Power. They Were Not Trained For Occupation Duties.

I Wish I Could Write A Book That Will Be Read For As Long As Our Civilization Lasts. I Would Value It Much More Highly Than Any Business Success If I Could Contribute To An Understanding Of The World In Which We Live Or, Better Yet, If I Could Help To Preserve The Economic And Political System That Has Allowed Me To Flourish As A Participant.

We Can Speak Of The Triumph Of Capitalism In The World, But We Cannot Yet Speak About The Triumph Of Democracy. There Is A Serious Mismatch Between The Political And The Economic Conditions That Prevail In The World Today.

There Is No Doubt That The Countries That Now Have A Very Large Debt Have Not Introduced The Kind Of Structural Reforms That Germany Did And Are Therefore At A Disadvantage. But The Problem Is That This Disadvantage Is Becoming Even More Pronounced Through The Punitive Policies In Place.