I mean New York City is the financial capital of the world. It's where all the money passes through, the Dow Jones, whatever, that's where all the money goes.
If you look at the average age of a company on the Dow Jones index, it's something like 35 years or younger. In other words... success is no indication of longevity.
I think you can directly link chihuahuas to Dow Jones.
I understand Goldman Sachs businesses. We do lot of business with him, and GE has been - I think it's the longest running stock in the Dow Jones industrial average. It will be 100 years now it will be around. I hope I'm around then, too. And it was an attractive investment. And we have had a lot of money around, over the last two years, and we're seeing things that are attractive now.
Before this century is over, the Dow Jones Industrial Average will probably be over one million versus around 10,000 now. So for the long-term, the outlook is tremendously bullish if you buy stocks blindly to keep for a century.
One day the price of gold will be higher than the Dow Jones.
I just don't trust any of it. Every time I read something about how there's been another ridiculous climb of the Dow Jones, there's a part of me that goes, “This can't be good.” None of this is real money. You know what I mean? It's not like there's actually more of anything. It's just ideas. When people are getting richer and richer but they're not actually producing anything, it can't end well.
Sex and commerce are fine things, but man cannot live by Viagra and the Dow Jones alone. A life led collecting things and experiences in pursuit of happiness is not necessarily a bad life, but it's not a good life either. Too often, the Democrats act like the Party of Lust, and the Republicans the Party of Greed. Both are deadly sins that eat at the soul.
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