I presumably lost $150,000 in the depression of 1937—on my one stock investment—because I did everything Lehman Brothers told me. I said, well, this is a fool’s procedure . . . buying stock in other people’s businesses.

The issue is jobs. You can't get away from it: jobs. Having a buck or two in your pocket and feeling like somebody.

We use the word 'hope' perhaps more often than any other word in the vocabulary: 'I hope it's a nice day.' 'Hopefully, you're doing well.' 'So how are things going along? Pretty good. Going to be good tomorrow? Hope so.'

When I put the plate down, you don't hear a sound. When I pick up a glass, I want it to be just right. When someone says, "How come you're just a waitress?" I say, "Don't you think you deserve being served by me?"

I am paraphrasing Einstein. I love to do that: nobody dares contradict me.

One day I visited a guy who had made a fortune as a broker. He was sitting in his office with his computer. I hire people from here and make deals from this room, he told me. Then he took me to the trading room. Nobody was talking to anybody else, the place was silent as a tomb, they were all sitting there watching their terminals - a great word, terminal. I tell you, it scares the crap out of me.

With optimism, you look upon the sunny side of things. People say, 'Studs, you're an optimist.' I never said I was an optimist. I have hope because what's the alternative to hope? Despair? If you have despair, you might as well put your head in the oven.