For example, I wear clothes I buy at trendy shops because I don't care much about clothing. If someone wants to create a trend around clothing, I'll happily and blindly follow.

I think small groups have more collective wisdom than an individual.

For example, I wear clothes I buy at trendy shops because I don't care much about clothing. If someone wants to create a trend around clothing, I'll happily and blindly follow.

The bottom line: All of your investing decisions should be grounded in your own investment policy statement. By taking a "top-down" look at your finances and writing out a road map, your policy statement will add an important element of discipline to your approach.

On a personal side, I found Bo Burlingham's Small Giants to be a great window into how business can be an extension of social change and the critical role the entrepreneur plays in creating progress in society.

CEOs are no different than the guy in the mailroom. They all have to learn how to manage better the risk created by our increasingly risk-shifting world.

I found that I loved producing that kind of propaganda and I loved the power that a few students with a Macintosh computer could wield. I was hooked on communications at that point.