I only have disdain for New York City Mayor Michael Bloomberg. He raised taxes and has increased regulations. What else is new? He’s a bully who wants to micro-manage people’s lives by mandate, not persuasion.

The worst thing that can happen to an investor is to make money on his first trade; he thinks investing is easy.

Even though I’ve reached retirement age, I still plan to work – writing my investment newsletter, speaking at conferences, publishing books, and producing conferences like FreedomFest.

I’ve felt for some time that economics needs to be taught differently by economists who actually have had experience making a payroll or investing on Wall Street. When economics is taught by pure academics, watch out.

Donating money to a few of my favorite free-market organizations used to be a pleasant duty, but now I’m literally inundated with demands from hundreds of think tanks and public-policy groups, all vying for my limited funds.

The income tax is flawed for a number of reasons – it discourages economic growth and encourages a bloated government.

I find it ironic how New York City Mayor Mike Bloomberg is so focused on such small issues as drink sizes, while ignoring the massive infrastructure challenges in New York – lousy roads, third-world airports, traffic jams, etc.

In a free society, individuals have the right to do right or wrong, as long as they don’t threaten or infringe upon the rights or property of others.

Bill Gates and Warren Buffett have their ‘Giving Pledge,’ where billionaires promise to give away the majority of their wealth when they die. My Social Security Pledge is better – to give money to good causes when you are alive. Besides, more Americans can participate.

Bitcoin is not an actual physical coin, and if computers are shut down, you can’t buy or sell them. That’s why nothing will ever replace gold and silver coins themselves, and all investors should have them at home or in a safe deposit box.