I've always believed in the saying that "there is no limit to what you can accomplish if you don't care who gets the credit."

If we are going to have a Fed, it should not fall into the tyranny of experts with the a fatal conceit that a few wise people can determine interest rates. Interest rates should be driven by the market, and people's time preference, and we see these boom-bust cycles.

They say your genetics are going to set your direction regardless of what happens, but I think there's more to it than that.

My father told me "If you choose to let this money destroy your initiative and independence, then it will be a curse to you and my action in giving it to you will have been a mistake. I shall regret very much to have you miss the glorious feeling of accomplishment. Remember that often adversity is a blessing in disguise and is certainly the greatest character builder."

We try to reward people according to the value they create, value they create in society and for the company.

If people don't learn to work by the time they're in their 30s, they're never very productive.

You'll remember Newton was furious at Leibniz, because he developed calculus at the same time. And he went to his death believing that he had copied him. And no, it's because all the elements were there, so it's almost inevitable that the next discovery - as long as people are free and allowed to experiment and try new things.