You have to put yourself in my shoes as a person who believes in radical truth and in being radically transparent, not in seeing things through somebody else's eyes.

I think the greatest tragedy of mankind is that people have ideas and opinions in their heads but don't have a process for properly examining these ideas to find out what's true. That creates a world of distortions.

Know what your people are like, and make sure they do their jobs excellently.

The most important thing you can have is a good strategic asset allocation mix. So, what the investor needs to do is have a balanced, structured portfolio – a portfolio that does well in different environments…. we don't know that we're going to win. We have to have diversified bets.

Nature is a machine. The family is a machine. The life cycle is like a machine.

The best advice I can give you is to ask yourself what do you want, then ask 'what is true' - and then ask yourself 'what should be done about it.' I believe that if you do this you will move much faster towards what you want to get out of life than if you don't!

You should have a strategic asset allocation mix that assumes that you don't know what the future is going to hold.