Part of the reason we like democracy is it's the portfolio of decades, which is to say you don't also get the disastrous dictator who completely destroys a society, engages you in wars and so forth.

Because in our boom times, everything is growing, usually, you know, the kind of things that come to mind are Wild, Wild, West, or land grabs, you know, these sorts of things, in order to make something, you know, kind of to grow into the future and to get all the growth that you need to have. So you tend to hire a lot because you're running fast to the future.

Great opportunities almost never fit your schedule.

One of the tests that I frequently use in an interaction is I push on the idea and what I'm looking for is both flexibility & persistence.

The key thing that I find that when you're kind of in boom times and you're hiring bunches, if you can hire, you know, always maintain very high standards and even if you, you know, can't find enough of, you know, what is typically called A players, then don't hire the people. All right? So, you know, use that as a way of standards.

When you turn a company profitable you've gone from a company whose days are numbered to a company whose days can be infinite.

I get energy from one-on-one conversations most often, and I lose energy from group conversations most often.