Nothing sedates rationality like large doses of effortless money.
Knowing what to leave out is just as important as knowing what to focus on.
I learned to go into business only with people whom I like, trust, and admire.
For some reason people take their cues from price action rather than from values. Price is what you pay. Value is what you get.
You are neither right nor wrong because the crowd disagrees with you.
I think what people understand there probably - well, they were hoping the private sector would do it [rescuing AIG ].