It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.

We don't have to be smarter than the rest. We have to be more disciplined than the rest.

Nothing sedates rationality like large doses of effortless money.

Stop trying to predict the direction of the stock market, the economy or elections.

It's going to be tough because the economy is going to be getting worse for a while. And it might fall off a cliff if this doesn't pass. But nobody will ever know that if it does.

I am a huge bull on this country. We will not have a double-dip recession at all. I see our businesses coming back almost across the board.

Of one thing be certain: if a CEO is enthused about a particularly foolish acquisition, both his internal staff and his outside advisors will come up with whatever projections are needed to justify his stance. Only in fairy tales are emperors told that they are naked.