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When life gives you lemons, order the lobster tail.
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When backing companies, I always look for industries that are ripe for disruption.
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Most people quit because they look how far they have to go, not how far they have come.
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Achievers move forward at all times. Achievement is not a plateau, it's a beginning.
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History clearly shows that governments that have tried to contain, regulate, or otherwise usurp capital have failed. It is the same with brainpower; no one has a monopoly on brainpower. Controlling brainpower is like herding cats. Brainpower creates capital, and capital fuels brainpower. It is a fundamental dynamic principle. Great ideas, solutions, insights, or inventions will develop only where they are nurtured and properly rewarded.
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Difference between rich and wealthy? Wall Street bankers are rich but they are no wealthy.Wealthy people are the ones writing their checks.
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Any deal that recognizes Iran "right" to enrich is a prelude to fiasco and tragedy.
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A moderate addiction to money may not always be hurtful; but when taken in excess it is always bad for your health.
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You always invest the money you earn. That's the only way you can really speed up your fortune.
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When people tell you that this venerable firm or private investor invested X millions of dollars in that entity and that it is a good investment, be skeptical and stay open to the option of running as far as you can in the opposite direction. We have all seen the biggest names on Wall Street along with the largest sovereign wealth funds on the planet make the dumbest investments ever made. Do your due diligence; ask the right questions, and most important, check out the character of the people involved unless you want to end up being prey to another master of the universe à la Bernie Madoff.
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We always look for operators with a combination of guts, passion and genius.
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You want something real bad? Go after it with ferocity like if your life depended on it and never ever surrender. Only a question of time.
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After analyzing our current crisis and studying well-established historical precedents, I must conclude that the global bankers have only three possible cards left to play. The first is admitting culpability and working to restore the American economic engine to its free-market potential. History has taught us that the ruling class rarely admits error and never concedes power. The second is to foment so much civil unrest and fear that the general population will be clamoring for a global dictator who will provide them food, shelter, and security in exchange for their individual freedom and sovereignty. I see the emerging militancy of the labor union movement playing right into this scenario. The final play is global conflict where they can try and control the outcome by means of funding both sides.
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We were born a nation of entrepreneurs. That is why so many people came to this country from so many different nations and cultures around the globe. The entrepreneur sees the opportunity, takes action, and successfully learns from the experience. They go on to create wealth. They become part of that demographic that is called “the rich.” They, not the government, drive the economy and create jobs. Only a mind with an envious, greedy perspective would consider punitively taxing the rich as a viable solution to our fiscal miasma. This is a solution springing from the fount of ignorance and deemed wise only by fools.
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Never explain yourself to anyone. The person who likes you will not need it. The person who dislikes it will not believe it.
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Fear and self-doubt are the greatest killers of personal genius.
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Some lessons are painful, some are painless.. but, all are priceless.
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An idea is like a virus. Resilient. Highly contagious. The smallest seed of an idea can grow. It can grow to define...or destroy you.
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There are two things you should never waste your time on: things that don’t matter and people that think you don’t matter.
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Time decides who you meet in life, your heart decides who you want in your life, and your behavior decides who stays in your life.
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Worrying is a waste of time. It doesn't change anything. It messes with your mind and steals your happiness.
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Don't practice until you get it right. Practice until you can't get it wrong...ever.
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Great companies are formed by great people. It’s not about attracting great people; it’s about retaining them.
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A good bank is the one that does good to its community and a bad bank is the one that feeds the avarice of corrupt individuals. Very simple.