The global crisis is caused by pathologies inherent in the global financial system itself.

It is better to have a cat and mouse game where the cat has the upper hand than a cat and mouse game where the mice are ruling. Because the latter means that the market participants are given free range. That was actually the big misconception of our national hero Ronald Reagan, who always talked about the magic of the market.

It is much easier to put existing resources to better use, than to develop resources where they do not exist.

I'm not better than the next trader, just quicker at admitting my mistakes and moving on to the next opportunity.

Short term volatility is greatest at turning points and diminishes as a trend becomes established

I'm not doing my philanthropic work out of any kind of guilt, or any need to create good public relations. I'm doing it because I can afford to do it, and I believe in it.

Sometimes time actually works against you if you refuse to face the relevant issues and explain to the public what is at stake.