Kids should go to college, but they should go to the best school they can afford to get through with minimal or no debt. That might mean going to a community college or an inexpensive local state school. Whatever it takes.

There is no sport as competitive as business. It's 24 by 7 by 365 by forever.

I think you’ve got to be very, very careful when you start making blanket statements about what people say and think, as opposed to what they do. It’s a very, very slippery slope.

The number-one job of the hedge-fund manager is not to make sure that you can retire with a smile on your face - it's for him to retire with a smile on his face.

In business, one of the challenges is making sure that your product is the easiest to experience and complete a sale.

I love the competitive aspect of it [business]. It's like playing chess. Why do people play chess? Knowing the realm of moves? Even when you get to be a chess master, there are other chess masters you want to beat or outperform. And to me business is just a sport that I love to compete in; a continuous intellectual challenge that really motivates me.

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.