When asked how he manages the time to be chairman of Microsoft, run the world’s largest charity, and raise three kids, Bill Gates answered, “I don’t mow the lawn.”

“Technology has outrun the ability of the market to handle it. When the next bear market comes, there could be a messy affair,” said my friend and client Leon Cooperman of hedge fund Omega Advisors.

“A strong dollar is a natural consequence of America emerging from a liquidity trap, while Europe and Japan are still stuck in one. The dollar is a growth stock, and growth stocks over time outperform utilities,” said Paul McCulley, formerly the chief economist at bond giant PIMCO.

“Great entrepreneurs see patterns where others see chaos,” said Geoff Yang of venture capital firm Redpoint.

“A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty,” said the late British Prime Minister, Winston Churchill.