What we have found over the years in the marketplace is that derivatives have been an extraordinarily useful vehicle to transfer risk from those who shouldn't be taking it to those who are willing to and are capable of doing so.

If I say something which you understand fully in this regard, I probably made a mistake.

I have found no greater satisfaction than achieving success through honest dealing and strict adherence to the view that, for you to gain, those you deal with should gain as well.

All taxes are a drag on economic growth. It's only a question of degree.

If you think you understand what I am saying you do not understand what I am saying.

The true measure of a career is to be able to be content, even proud, that you succeeded through your own endeavors without leaving a trail of casualties in your wake.

I guess I should warn you, if I turn out to be particularly clear, you've probably misunderstood what I've said.