I was about thirteen when I started thinking about the stock market. My dad helped me a little bit. I'd see it in the 'Santa Barbara News-Press.' These prices would change every day - what was that all about?

Stock prices on a fundamental basis perhaps are trading a little bit high but what is really behind this market right now is cash flow and momentum.

We've now changed the valuation of the stock market quite a bit, ... If anything, the earnings estimates have been going up and stocks have been going down. The price-to-earnings ratio on forward earnings is now down to about 15 times, which is very low relative to interest rates and inflation at the present time.

The stock market never sleeps,even in a blinding market recession it continues to thrive for those who know how to see opportunities.

The stock market is like life,no certainty,for a company can be the best performing stock this year & the worst performing stock the following year.

I have never seen a market so intriguing & exciting like the stock market.