I like people admitting they were complete stupid horses' asses. I know I'll perform better if I rub my nose in my mistakes. This is a wonderful trick to learn.

People like the robber barons assumed that the doctrine of the survival of the fittest authenticated them as deserving power. You know, "I'm the richest. Therefore, I'm the best. God's in his heaven, etc." And that reaction of the robber barons was so irritating to people that it made it unfashionable to think of an economy as an ecosystem. But the truth is that it is a lot like an ecosystem. And you get many of the same results.

There has never been a master plan. Anyone who wanted to do it, we fired because it takes on a life of its own and doesn't cover new reality. We want people taking into account new information.

The interesting thing is the field is so big - it's enormous. One thing a modern civilization needs is energy.

Being short and seeing a promoter take the stock up is very irritating. It's not worth it to have that much irritation in your life.

A great business at a fair price is superior to a fair business at a great price.

All I want to know is where I’m going to die, so I’ll never go there