I like to go for cinches. I like to shoot fish in a barrel. But I like to do it after the water has run out.

Investing is laying out money now to get more money back in the future.

There are three kinds of people: 1. Innovators. 2. Imitators. 3. Idiots.

It's just that I landed up in a terrific capitalist system. One that pays people who allocate capital extraordinarily well. Intrinsically, I'm not worth as much as somebody who invents something that could improves people's life, or health or whatever.

You get what I call the natural progression, the three Is. The innovators, the imitators, and the idiots.

I mean, we'll be pounding on the guy's chest, you know, on the floor, and you know, he's not going to just jump up all of a sudden. So it makes it tough. I mean, it's tough to be in the legislature, you know, and vote for something and then people say, well, you voted all this money and you know, it's all getting spent. It isn't getting spent. It's getting invested. But it's all getting spent. Nothing's happening.

You will be right, over the course of many transactions, if your hypotheses are correct, your facts are correct, and your reasoning is correct. True conservatism is only possible through knowledge and reason.