I still think buying a home is the best investment any individual can make.
Mortgage insurance stocks remained depressed through the end of 2012 amid lingering uncertainty as to whether they had sufficient capital to absorb losses on delinquent loans originated before the crisis. However, as house prices began to recover, losses started to decline.
Stock market goes up or down, and you can't adjust your portfolio based on the whims of the market, so you have to have a strategy in a position and stay true to that strategy and not pay attention to noise that could surround any particular investment.
There is nothing more important to improve humanity than education.
Historically, gold has always been a safe haven against inflation and a safe haven in times of political instability.
We think the most important criteria for selecting an investment firm are the manager, team, and track record.
Lower taxes, less regulations, less lawsuits, deals that support U.S. manufacturers is all very positive.
When I purchased my home, it was very strict underwriting standards. I had to provide two pay stubs, two years' tax returns, three months of bank statements, all sorts of credit card information.
Don't focus on weekly or monthly returns.
If you rent, the rent goes up every year. But if you buy a 30-year mortgage, the cost is fixed.
The strategic plan to transform Valeant smartly focuses on rebuilding the company's core franchises in ophthalmology, dermatology, and gastroenterology while simultaneously using the proceeds from the sale of non-core assets and operating cash flow to de-lever the company.
The Greek economy is improving, which should benefit the banking sector.
The important thing in investing is to be true to your compass.
The housing market has bottomed. It's not too late to get involved.
I am in awe of the brand, and there is nothing I would do or contemplate doing that would any way impact the unique pedestal that Steinway occupies in the industry, 160 years, uncompromising reputation for excellence, and it's my goal to safeguard that reputation and continue that pursuit of perfection.
The financial crisis was linked to the fact that banks had excessive leverage and too many risky assets. The solution is not to try to dictate to banks what they can do or not do, but to require them to strengthen their capital to absorb potential losses and hold less risky assets.
I grew up in a family of piano players. Both my sisters were serious players, and they both, as they became more accomplished, aspired to buy a Steinway and asked my dad to buy a Steinway.
In these times of uncertainty for paper-based currency, I feel more secure in holding gold.
We are not only one of the largest investment firms but also one of the best performing.
There is a disconnect between the performance in stock market and the performance in many companies.
