For every mistake that you learn from you will save thousands of similar mistakes in the future, so if you treat mistakes as learning opportunities that yield rapid improvements you should be excited by them. But if you treat them as bad things, you will make yourself and others miserable, and you won't grow.

I pay about a third in taxes, I give away about a third, and I follow the law.

When two intelligent parties disagree, that's when the potential for learning and moving ahead begins.

When growth is slower than expected, stocks go down. When inflation is higher than expected, bonds go down. When inflation's lower than expected, bonds go up.

Meditation more than anything in my life was the biggest ingredient of whatever success I've had.

Everyone has to decide for themselves what works for them and their organization.

Over time, it also became important for me to share my management principles with the people I worked with because we had to agree on how we should be with each other - and that way is unique. Because the logic behind being radically honest and radically transparent with each other wasn't clear, it had to be spelled out in these principles.