Investors should remember that excitement and expenses are their enemies.

I have no idea on timing. It’s easier to tell what will happen than when it will happen. I would say that what is going on in terms of trade policy is going to have very important consequences.

The most dangerous distractions are the ones you love, but that don’t love you back.

Intensity is the price of excellence.

I do know that when I am 60, I should be attempting to achieve different personal goals than those which had priority at age 20.

I'm happy when I can spend every day doing the things that I like to do. That's my luxury.

I mean, you can explain the fact that these are depressed prices, you know. We think these assets are going to be worth a lot more. And I think that case can be made in certain situations. But I think to just say, you know, we're going to say a dollar of cash is worth $2 all of a sudden, it isn't worth $2. It's worth a dollar today.