You have got to welcome and embrace complexity.

Individual liberty, the basic underpinning of American society, requires constant defense against the encroachment of the state.

You have got to welcome and embrace complexity.

Derivatives trading should be standardized and as much as possible moved to clearinghouses.

It is a very bad idea for governments to create arbitrary and unfair outcomes, or outcomes resulting from the passions and whims of the government rather than from the law, just because they have the power to do so.

Successful hedge funds will be entrepreneurial; it is the essence of the craft.

Resentment is not morally superior to earning money.