I've lived through periods of illiquidity before. Asset prices come down. The economy slows or even goes into recession. Then the cycle re-starts. We buy at lower prices with less leverage.

My personal taxes are 53% of my taxable income. That's 36% on the federal level and 17% for state and local.

Down cycles are not fun. But they form the basis for enormous future profitability

For future geopolitical stability and global prosperity, we need to build a culture of greater trust and understanding between China, America and the rest of the world.

My biggest job really is to figure other people out. I need to understand what makes a person tick.

It's wonderful to learn about new cultures and to be able to travel easily to so many countries.

I'm not feeling undertaxed. Tax reform is an important issue. You have to have an inherent sense of fairness.

I'm concerned with China growing at double or triple the rate of the West, that there will be tensions. One needs to do something to start addressing misunderstandings and frustration.

If I get angry, it's obvious. I don't have to say much.

True friends chop the onions and cry together.

Advertisements contain the only truths to be relied on in a newspaper.

But I reckon that this realm of higher needs, of something more than just forgetting about everyday life, of mere recreation, this realm of needs has been clearly neglected by us.

The chance of failure is almost always better than the guarantee of never knowing.

Training was one thing, reality another.

Not the absorption capacity of the land, but the creative ability of a people, is the true yardstick with which we can measure the immigration potentialities of the land.

My parents didn't have a lot of money, but we never knew that. They really did the best they could.

I have an innate instinct for knowing what's going to work.

When you have a solid upbringing and a strong sense of place, that sustains you. My sense of home never leaves me.

It's always good to win a Test match and if you win it comfortably, it can leave a few psychological marks on opposition sides.