In this business, you can come and go in a second.
I like the PC market. It's a big market, but it's a very volatile market as well.
Bitcoins are not an investment. They are an investment fad that someday could be a real digital currency, but if they continue to behave as they have, they will instead be nothing.
If you rank the top 50 one-day moves in the S&P 500, a fair number of those happened within the last five or 10 years. That tells you that we're in a different, riskier market now.
I regard the bitcoin craze as totally asinine to create some manufactured currency.
I bet on a lot of stuff that's low-priced, and most of it's going to go back down to zero. But some of it's going to go up.
The true investor welcomes volatility ... a wildly fluctuating market means that irrationally low prices will periodically be attached to solid businesses.
The entertainment industry isn't secure.
This business is so unstable, and you never really know where you're going to be.
