“I’ve always loved to play games, and face it: investing is one big game. You need to be decisive, open-minded, flexible and competitive.”

If you’re extremely confident, taking a loss doesn’t bother you.

The way to build long-term returns is through preservation of capital and home runs.

Everyone sort of lives with their rulers in the past and doesn’t look at coming changes.

Bitcoin is like anything else: it’s worth what people are willing to pay for it.

Once you make a lot of money, it’s incredibly enjoyable to give it away. It’s a way to satisfy the soul.

I like putting all my eggs in one basket and then watching the basket very carefully.

Once an economy reaches a certain level of acceleration, the Fed is no longer with you

I don’t like the repeal of the estate tax.

You can be far more aggressive when you’re making good profits.

Whenever I see a stock market explode, six to 12 months later you are in a full blown recovery.

Good debt growth is when you borrow money, and it goes into the real economy. You do capital spending. You build businesses.

If you’re running a business for the long term, the last thing you should be doing is borrowing money to buy back stock.

I’m gonna be a millionaire someday.

I think Bezos is incredible.

In my experience, the more successful an idea is, the easier it is to fund it. In philanthropy, it’s almost harder.

The way you create deflation is you create an asset bubble.