L.A. is very special to me, so far away from my world on the East Coast, Europe, Asia. It's a bit of an island for me - less intense, less busy; because of time difference and location, it has a calming effect. At least it used to be all that.

California has something which not every place in the world has: It has what I would call a sunny side, and I don't mean just physically, but the sunny side is a future. California's worth saving, to put it bluntly.

If you erased New York, I hate to say it, if you erased Frankfurt, even London, the world would not have changed.

L.A. is very special to me, so far away from my world on the East Coast, Europe, Asia. It's a bit of an island for me - less intense, less busy; because of time difference and location, it has a calming effect. At least it used to be all that.

Commodity exchanges have a lot of advantages. One, you are helping transparency. Two, they are not political. It's institutional building. It can survive any environment, in theory.

I felt I was owned by possessions.

If you have things and if you are a perfectionist, which I am, you have to really tend to them, and it takes energy away from other things.