Stocks Are a Small Part of a Business

You're going to get a fine result if you own equities over a long period of time. The idea that equities will not produce better results than the 30-year Treasury bond, which yields 1 and 1-1-1-2 percent now is wrong. Equities are going to outperform that bond. They're going to outperforming Treasury bills. And they's an enormously sound investment as long as they're an investment. You just don't know what's going to happen.