Very gifted people, they win and they win, and they are told that they win because they are a winner. That seems like a positive thing to tell children, but ultimately, what that means is when they lose, it must make them a loser.

Not only do we have to be good at waiting, we have to love it. Because waiting is not waiting, it is life.

It is rarely a mysterious technique that drives us to the top, but rather a profound mastery of what may well be a basic skill set.

I have never considered myself a prodigy. Others have used that term, but I never bought in to it.

One thing about the business and investing world that I connect to very intimately is that there is little room to deny the harsh realities of your mistakes. A bad call can lose you many millions.

Very gifted people, they win and they win, and they are told that they win because they are a winner. That seems like a positive thing to tell children, but ultimately, what that means is when they lose, it must make them a loser.

Initially I was very drawn to the Tao Te Ching, the Taoist philosophy. It was helping me deal with the balance of these external and internal issues with my chess life. Tai chi is the martial embodiment of Taoist philosophy. Initially, I had no intention of competing in the martial arts; it was just the meditation.