I'd rather have the market tell us what - I'd rather have events precipitate events, rather than just sit there like passive people in Washington.

To become a philosopher, start by walking very slowly.

Life is a tightrope between two errors: generalizing the wrong particular and particularizing the wrong general.

Work hard, not in grunt work, but in chasing such opportunities and maximizing exposure to them. This makes living in big cities invaluable because you increase the odds of serendipitous encounters-you gain exposure to the envelope of serendipity.

Answer e-mails from junior people before more senior ones. Junior people have further to go and tend to remember who slighted them.

A verbal threat is the most authentic certificate of impotence.

Steve Jobs, Bill Gates and Mark Zuckerberg didn't finish college. Too much emphasis is placed on formal education - I told my children not to worry about their grades but to enjoy learning.