Almost Everything Is Like A Machine.

There Are Two Main Drivers Of Asset Class Returns - Inflation And Growth.

Never Say Anything About A Person You Wouldn't Say To Them Directly, And Don't Try People Without Accusing Them To Their Face. Badmouthing People Behind Their Backs Shows A Serious Lack Of Integrity And Is Counterproductive. It Doesn't Yield Any Beneficial Change, And It Subverts Both The People You Are Badmouthing And The Environment As A Whole.

When People Get At Each Other's Throat, The Rich And The Poor And The Left And The Right And So On, And You Have A Basic Breakdown, That Becomes Very Threatening.

It Is A Law Of Nature That You Must Do Difficult Things To Gain Strength And Power. As With Working Out, After A While You Make The Connection Between Doing Difficult Things And The Benefits You Get From Doing Them, And You Come To Look Forward To Doing These Difficult Things.

When I Say I Believe In Radical Truth And Radical Transparency, All I Mean Is We Take Things That Ordinarily People Would Hide, And We Put Them On The Table, Particularly Mistakes, Problems, And Weaknesses. We Put Those On The Table, And We Look At Them Together. We Don't Hide Them.