Lady Luck smiles on those who continue their efforts

Not one country in existence today has had the same borders and government for as long as two hundred years. The world will continue changing.

I’ve got one shot going through this life. I want to make sure I do as much as I can.

If you want to be lucky, do your homework.

I think this is also a great time to invest in private equity, helping companies grow from the ground up.

Acknowledge the complexity of the world and resist the impression that you easily understand it. People are too quick to accept conventional wisdom, because it sounds basically true and it tends to be reinforced by both their peers and opinion leaders, many of whome have never looked at whether the facts support the received wisdom. It's a basic fact of life that many things "everybody knows" turn out to be wrong.

There is no such thing as a paper loss. A paper loss is a very real loss.