First, only invest in companies that have the potential to return the value of the entire fund.

Today's 'best practices' lead to dead ends; the best paths are new and untried.

The most contrarian thing of all is not to oppose the crowd but to think for yourself.

I no longer believe that freedom and democracy are compatible.

The most successful businesses have an idea for the future that's very different from the present.

I do think Bitcoin is the first [encrypted money] that has the potential to do something like change the world.

Every business is successful exactly to the extent that it does something others cannot.

In the '30s, the Keynesian stuff worked at least in the sense that you could print money without inflation because there was all this productivity growth happening. That's not going to work today.

Under perfect competition, in the long run no company makes an economic profit.

The most fundamental reason that even businesspeople underestimate the importance of sales is the systematic effort to hide it at every level of every field in a world secretly driven by it.

Of the six people who started PayPal, four had built bombs in high school.

I was strong from losing them, maybe, but any goodness in me came from having them." (p. 124)

Despite the restrictions, we are safe within (the Box). But – and here is the problem – once we identify something more, that awareness irrevocably changes our perceptions of the Box.

If extravagance were a fault, it would not have a place in the festivals of the gods.

I was a good student, but I didn't like school.

Put light against light - you have nothing. Put dark against dark - you have nothing. It's the contrast of light and dark that each give the other one meaning.

no matter how big you think your problems are, someone else's problems could always be bigger, which makes yours relatively small!

I actually was rebelling as all young adults tend to do at or around the age of 19, to experiment with their lives and have fun.

I don't have any pangs to where I want to be with the Broncos.

It will be interesting to see what the long term fruits of our national apathy will be, 'cos so far they've been pretty foul.

The so-called literature of escape, with its growing popularity, is in part a revolt against the tyranny of clocks.