A sure sign of failure for a startup is when someone sends me logo-embroidered polo shirts. If your people are at shows and in public, it's okay to buy for your own employees, but if you really think people are going to wear your branded polo when they're out and about, you are mistaken and have no idea how to spend your money.

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.

Being a smart shopper is the first step to getting rich.

Focus on building the best possible business. If you are great, people will notice and opportunities will appear.

I'm the type that thinks if you don't learn from history, you're doomed to repeat it.

I rarely think the market is right. I believe non dividend stocks aren't much more than baseball cards. They are worth what you can convince someone to pay for it.

If you have managers reporting to managers in a startup, you will fail.