If you've got $25,000, $50,000, $100,000, you're better off paying off any debt you have because that's a guaranteed return.

If you have managers reporting to managers in a startup, you will fail. Once you get beyond startup, if you have managers reporting to managers, you will create politics.

It takes a lot of things to work together in order to be wealthy but with a little luck, a lot of luck... You've got to be good at something. For a 20-year-old, you don't have to know exactly what you want to do, you've just got to go find something you can be great at, and then go be great at it.

You never win any games you don't play.

When you've got 10,000 people trying to do the same thing, why would you want to be number 10,001?

The key is having great players. But there are a lot of teams that have All-Stars and haven't been able to put it together.

I create offbeat advice; I don't follow it. I rarely take third-party advice on my investments.