You can no longer buy commodities at Merrill Lynch. My guess is many analysts and even executives are too young to know how profitable a hot commodities market can be. They will soon.
Not one country in existence today has had the same borders and government for as long as two hundred years. The world will continue changing.
The most sensible skill that I can give to somebody born in 2003 is a perfect command of Mandarin.
I was poor once, I didn't like it, I don't want to be poor again.
Right now I own shares of companies in 28 countries.
I don't think there is a sound UK bank now, at least, if there is one I don't know about it. The City of London is finished, the financial centre of the world is moving east. All the money is in Asia. Why would it go back to the West? You don't need London.
When things go wrong on a macroeconomic level, it's almost always this way. People find someone to blame, whether it's blacks, whites, Christians, Jews, Muslims-whoever.
If the current birth rate, which is the lowest in the major developed countries, continues, there will be no Japanese. Who will pay the enormous debt?
I don`t think I own any US stocks, if I do its very few, so few I can`t even remember.