When an American declares bankruptcy, when he hits bottom, he can reinvent himself. There's a story he can tell. We tolerate reinvention. We encourage reinvention. That's what this country has that Europe does not. It's not just a crisis; it's an opportunity.

I think that fans are always looking for someone to blame. Wouldn't it be nice if they looked in the mirror?

Every form of strength is also a form of weakness.

You could argue the banks are much better capitalised than they were going into the crisis, and everyone's in a much more vigilant state because they still remember the crisis.

At SGI board meetings... Jim Clark's face would get red and he'd start shouting that an investor and board member had cheated him and his engineers.

The world clings to its old mental picture of the stock market because it’s comforting; because it’s so hard to draw a picture of what has replaced it; and because the few people able to draw it for you have no interest in doing so.

One absolutely cannot tell, by watching, the difference between a .300 hitter and a .275 hitter. The difference is one hit every two weeks.