The market took in some unbelievably significant bad news this week and is comparatively holding in, which is certainly encouraging,

I think by any measure we are at a major bottom, but bottoms don’t happen overnight. Stocks can hit a bottom and then trade sideways, go up and down as they adjust. But I’d be...

The terrorist issue is everybody’s worst nightmare, … It’s a major negative. Israel is a major nightmare, as is the Middle East, because it’s a time bomb. But they always seem to be able to...

Now, everything is just flipped upside down 100 percent. He was wrong then, and I think he’s wrong now. He should never have raised rates.

In this case, it’s a stealth bull market. You can make money buying stocks of good, understandable businesses — good being defined as good balance sheets, good rates of growth, good management, no off-balance-sheet financing....

There are companies that in my mind are obvious takeover candidates,

The work that we keep tells me that we are within a day or two of a short-term bottom. We are at very, very oversold levels, so the last thing anybody should do is sell...

You have this every couple years. You have a 10 or 11 percent decline. We’ve had it. It will probably go a little bit lower but this is not the beginning of the end.

The market is very ripe for correction by any standard,