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.
There's hearings on everything. They're kabuki theater.
I remember I had a professor in college. I wrote a great paper. Could never please this guy. But it made me better.
I think health care is a mess. I think that, as a free market person, you can't even have that discussion unless you know what the service costs.
The issue is, you're not going to have a lot of inflation showing up when you have no velocity.
One of the greatest technicians of all time was a man named W. D. Gann (1878-1955). He had tremendous success predicting market moves much in advance. Legend has it that he occasionally sent notes to 'The Wall Street Journal', which accurately predicted tops and bottoms in grain markets months ahead of time.
It's a philosophy that - 'We, the People' - it's about us, that if the Americans want to do something, they have the power to try to put leaders in place to carry out whatever their notions are.
The president doesn't hold all the cards. The cards are evenly split up!
I started trading around 1979, fresh out of college. In the early '90s, I started guesting for major news media.
When Target gets hacked, I don't hear people saying, 'Hey, was it Kohl's? Was it Wal-Mart?' It doesn't matter. There was a hack; you deal with it.
