If you knew what was going to happen in the economy, you still wouldn't necessarily know what was going to happen in the stock market.

Part of making good decisions in business is recognizing the poor decisions you've made and why they were poor. I've made lots of mistakes. I'm going to make more. It's the name of the game. You don't want to expect perfection in yourself. You want to strive to do your best. It's too demanding to expect perfection in yourself.

You've got the right - you've got a wonderful person with Sheila Bair, most of the viewers have never heard of Sheila Bair. [She] has taken eight percent of the deposits in the United States and seamlessly moved those over to sound institutions which in turn have gotten more capital, ended up, it's been a magnificent job.She'll never get a golden parachute or any severance pay or anything. She's done a great job. We've got some great public servants. We have I think the right people in there to get the job done, and then they need more tools.

Don't risk what is important to you, to get what is not important to you.

There are certain things that cannot be adequately explained to a virgin either by words or pictures.

Life is like a snowball. The important thing is finding wet snow and a really long hill.

Do not put all your eggs in one basket.