Do people have confidence? I think the real confidence you need is the confidence in your outlook, and I think people are pretty confident it is a low-growth world.

Without going too deep, without globalization I am not sure everyone would be able to have a supercomputer in their pocket at the low cost.

That is the brilliant thing about the millennials. They're not obsessing about, "Hey, there is not going to be a job for me" - they're trying to take advantage of how good a life they can have without having to create so much nominal income.

There is a lot of opportunity in all of this stuff [like healthcare business]. I don't know why everybody is focused on the negatives.

I think that life expectancy over the last 10 years has increased dramatically. You're living longer.

We're a small part of this ecosystem. When we go to a school and talk about investment banking, they are these monster financial conglomerates, and so we end up in the same pot. That is still an issue for us.

The ability of people to reach their own news sources now, and create different views, is really unbelievable, and [populism] may be part of this.