I spend twelve hours a week - a little over 10% of my waking hours - playing the game. Now I am trying to figure out how to get by on less sleep in order to fit in a few more hands.

Derivatives are like sex. It's not who we're sleeping with, it's who they're sleeping with that's the problem.

If you've been playing poker for half an hour and you still don't know who the patsy is, you're the patsy.

The single most important decision in evaluating a business is pricing power.

Unless your answers are clearly better, copy the answers of your betters.

You have to be able to communicate in life and probably schools underemphasize that. If you can't talk to people or write, you're giving up your potential.

We've got more productive capacity now than we ever have.