“Between 40 and 45 percent of the world’s wealth has been destroyed in little less than a year and a half,” Schwarzman told an audience at the Japan Society. “This is absolutely unprecedented in our lifetime.”

Quoted in Reuters.

"I have an enormous amount of cash and I’ve been using it to buy more Japanese yen, more Swiss Francs, more agricultural products… there’s a liquidation phase going on, where everything is being liquidated. They’re selling everything in sight."

"In a period like this the way you make money coming out of it is to own the things were the fundamentals have not been impaired," Rogers added.

Quoted in an interview at CNBC.

What can we say about a motivational speaker who talks about success but whose greatest success is being successful at speaking about success?

Steve Pavlina’s Personal Development Blog

Even look at my life in general. Until I was 30, most people would consider me a failure. I was massively overweight, had tons of credit card debt, and had zero work ethic.

In I am a failure at Shoemoney.

Do something constructive everyday and at the end of the day ask yourself, “If I had employees working for me that did what I did today would my company succeed or fail?” If your answer is the latter then you need to kick yourslef in the butt and get to work.

On Working in your own business, at WarriorForum dot com.

“I don’t go near the money and the money doesn’t go near me.”

Peter Lynch

If you are going to trade stocks, you just have to follow one rule and remember one thing. That rule is always have a definite knowledge advantage about the company you are trading, and always remember that every stock transaction has a sucker, and you have to know whether its you or the person on the other side of the trade. No one buys a stock from your, or sells one to you knowing they are leaving money on the table.

Mark Cuban, the BlogMaverick, posted at The Stock Market is for suckers.

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Great opportunities come around when excellent companies are surrounded by unusual circumstances that cause the stock to be misappraisal.

Warren Buffett, from The DividendGuyBlog.

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If we all go back to penny-pinching, we destroy each others’ jobs. If we stop going to restaurants, they have to lay off serving staff. We stop going to the mall, and shop staff get laid off.

Martha Starr.

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