When all feels calm and prices surge, the markets may feel safe; but, in fact, they are dangerous because few investors are focusing on risk.

It's incredibly important to note that when you don't allow failure, you get more failure.

Generally, the greater the stigma or revulsion, the better the bargain.

Be focused on process and not outcome

Having great clients is the key to investment success.

If another person were to enter the building, it would once again be empty.

Complexity - limits competition.