AIG would be doing fine today. It was one of the ten largest companies in the United States in terms of market value, over 200 billion, the most respected insurer and everything in the world.

Anything can happen in stock markets and you ought to conduct your affairs so that if the most extraordinary events happen, that you're still around to play the next day.

If you're extremely rich, and you have got children, my theory was, you give them enough so they can do anything, but not enough so they can do nothing.

If you are a professional and have confidence, then I would advocate lots of concentration.

Always associate yourself with people who are better than you.

All I have to do is think and not be influenced by others.

We all make mistakes. If you can't make mistakes, you can't make decisions. I've made a lot bigger mistakes myself.