Companies fail for lack of brains and effort.

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.

It's not about money or connections. It's the willingness to outwork and outlearn everyone.

Sometimes the best properties aren't necessarily the biggest properties.

Ideas are easy. I've never met a single person who didn't think they had a world class idea. The hard part is making it a business.

To me business is a sport. I love knowing that 24x7x365xforever I'm competing with people I don't know. To build my businesses. To come up with new ideas. To come up with better ideas. That motivates me.

Treat your customers like they own you. Because they do.