Look at what caused people to make a lot of money and you will see that usually it is in proportion to their production of what the society wanted.

I don't think there is such a thing as the perfect system.

This is my year of transition from what I'm calling the second phase of my life to the third phase of my life. And I wanted to pass it along. What I mean by that is, in the first days of your life you're dependent on others and you learn. You're basically a kid, depending on your parents. In the second phase of your life, you're working and others are dependent on you and you're trying to be successful. And then when you go to the third phase of your life it's no longer as much of a kick to be successful. There's a natural, instinctual desire to help other people be successful.

I'm scared of people with power making the decision.

The big question is: When will the term structure of interest rates change? That's the question to be worried about.

Forget about what the technology is. Just understand the motivation behind it.

Radical transparency fosters goodness in so many ways for the same reasons that bad things are more likely to take place behind closed doors.