It is not that we had any unfair knowledge that other people didn't have, it is just that we did our homework. People just don't want to believe that anyone can break away from the crowd and rise above mediocrity.

You learn more from your losses, than from your gains.

Sometimes failure is merely chasing you off the wrong road and onto the right one.

I believe that great success is possible in any field — from music to mathematics to macro trading.

Failure was a key element to my life’s journey.

The concept of paying one-hundred-and-something times earnings for any company for me is just anathema. Having said that, at the end of the day, your job is to buy what goes up and to sell what goes down so really who gives a damn about PE's?

You can achieve great economic gains by solving social problems.