Success in business, as in life, is often largely just a matter of luck.

The early years of my life were very, very traumatic. It was scary, because any child knew that death was sort of lurking around Europe as far as Jews were concerned.

A democracy cannot flourish half rich and half poor, any more than it can flourish half free and half slave.

I think there are two areas where new ideas are terribly dangerous: economics and sex. By and large, it's all been tried, and if it's really new, it's probably illegal or dangerous or unhealthy.

Financial hydrogen bombs built on personal computers by 26-year-olds with MBAs.

What is desperately needed... is the skepticism and the sense of history that a liberal arts education provides.

Saving New York City from bankruptcy is like making love to a gorilla. You don't stop when you're tired; you stop when he's tired.