The tallest building in the world is now in Dubai, the biggest factory in the world is in China, the largest oil refinery is in India, the largest investment fund in the world is in Abu Dhabi, the largest Ferris wheel in the world is in Singapore.
Cash - in savings accounts, short-term CDs or money market deposits - is great for an emergency fund. But to fulfill a long-term investment goal like funding your retirement, consider buying stocks. The more distant your financial target, the longer inflation will gnaw at the purchasing power of your money.
It is best to be born in April or August when the life-giving Sun is in its exaltation sign Aries or Leo, its home, for then we enter the sea of life on the crest-wave and are backed in the battle of existence by an abundant fund of vim and energy.
Never, ever deal with terrorists. Hunt them down and, more important, mercilessly punish those states and groups that fund, arm, support, or simply allow their territories to be used by the terrorists with impunity.
If you don't like the idea that most of the money spent on lottery tickets supports government programs, you should know that most of the earnings from mutual funds support investment advisors' and mutual fund managers' retirement.
Nobody has ever denied that when it comes to his trade - gigolo - John Forbes Kerry is one of the all-time greats. He's in the Gigolo Hall of Fame. See, a really good gigolo might snag one heiress in a lifetime with a nine-figure trust fund. Kerry has married two. When it comes to gigolos, he's Steve Jobs.
While it is clear that we need to make some adjustments to protect Social Security for the long term, it is disingenuous to say that the trust fund is facing a crisis.
Governments will always play a huge part in solving big problems. They set public policy and are uniquely able to provide the resources to make sure solutions reach everyone who needs them. They also fund basic research, which is a crucial component of the innovation that improves life for everyone.
It's traditionally not federal policy to fund state and local salaries. It's done sometimes on a temporary basis or a grant basis. But it's not often done. And the reason is clear, because the federal government can't continue in perpetuity these programs.
The big advantage that we have as a venture capital firm over a hedge fund or a mutual fund is we have a 13-year lockup on our money. And so enterprise can go in and out of fashion four different times, and we can go and invest in one of these companies, and it's okay, because we can stay the course.