One thing I learned in the NBA is that the No. 1 job of a general manager is to keep his job. They are only 30 positions where you make millions and hang around with basketball players all day.

Sometimes you buy the horse, sometimes you invest in the jockey. It really comes down to the actual business and the upside.

My businesses are usually built around challenging conventional wisdom, so I tend to gain by taking the other side. It's been very profitable and entertaining for me

Every 'No' gets me closer to a 'Yes'.

If Ayn Rand were an up-and-coming author today, she wouldn't write about steel or railroads, it would be Net Neutrality.

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.

The only thing any entrepreneur, salesperson or anyone in any position can control is their effort.