I caught hold of the great bull market in soybeans in 1977. I had no idea what I was doing, incidentally.

Historically, there has been a bull market in commodities every 20 or 30 years.

We're in the throes of a protracted bull market.

A crash really occurs when you suddenly have a violent downturn in the market that then heralds a long bull market.

I can find only one bull market, in 1935, that didn't have some material indigestion within its first 12 months.

We think the days of buy-and-hold are over. It's been an 18-year, uninterrupted secular bull market. And when that ends, you get a secular bear market.