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.

Luckily the whole world is not like me, or else, there would be no world.

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 don't get that much enjoyment out of saying 'I own it.'

I don't have a house, and I don't have a lot of time for socializing, so every year I have a party for all of my friends.

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

California is a place of invention, a place of courage, a place of vision, a place of the future. People who made California what it is were willing to take risks, think outside convention and build.