Healthcare is growing now at about 10 per cent per annum in the U.S. top line, versus 3 per cent for the economy. As someone with a sharp pencil and an eye for this kind of thing, this can't last.

I've learned there's a big difference between a long-focused value investor and a good short-seller. That difference is psychological and I think it falls into the realm of behavioral finance.

Bubbles are best identified by credit excesses, not valuation excesses. And there's no bigger credit excess than in China.

I've seen a lot more go to zero than infinity.

People who lose money always need someone to blame.

I call it the Rule of Three. If you read a company's financial statements three times, and you still can't figure out how they make their money, that's usually for a reason.

So you know, everyone points out Greece's default record, but the history of a lot of sovereign nations is not a good one when it comes to lending them money.

It's very difficult in the technology space when you have been leapfrogged to prosper again.

Chinais a world class if not the world class property bubble, primarily high-rise buildings, offices and condos.

The U.S. healthcare system is probably the most interesting large group of companies that are heading for major problems that we've seen in a long, long time.

What is called poetic insight is the gift of discerning, in this sphere of strangely-mingled elements, the beauty and the majesty which are compelled to assume a garb so sordid.

Evolution taught us that adaptation is the key to survival.

Survival was more than the preservation of life. It was tenacity in the face of ruin, an unbroken resolve in the midst of defeat, a glimmer of hope in the maelstrom, and peace despite the wreckage.

Every beginning is a new challenge. I welcome the challenges

It only takes luck to make the right choices in life”.

I'm optimistic. I really believe people in power want to do the right thing.

It all meant something. Until it didn't.

Imagine if the whole point of this experience on planet Earth was to just open ourselves up more fully to who we really are, without filters, without masks, without any restrictions.

When you get in the mud with a pig, you get dirty and the pig gets happy.

I will never sacrifice my morals and ethics for anyone or any win.