“The untold secret of McDonald’s is that when you sell a restaurant to a franchisee, sales typically go up a lot because the franchisees do a much better job managing the store.”

Investing is a business where you can look very silly for a long period of time before you are proven right.

I’ve seen very few people in the world accomplish anything unless they were optimists.

In the investing business you need a – a high degree of confidence but you also need a high degree of humbleness and you have to balance those two… Humbleness comes from mistakes.

You should surround yourself with people that believe in you, in life, and in business.

I am always prepared to do the right thing regardless of what other people think.

Everyone told me it was a really stupid idea to start my own hedge fund right out of business school. That’s how I knew that it was a good idea.

We invest generally in very good companies that have lost their way. And with better management, enormous value can be created.

Ultimately, investors are – are only as good as their track records.

Let me win? That doesn’t exist in my house. No one lets anyone win. Fight to the death.

You can learn investing by reading books.

Investing is one of the few things you can learn on your own.

What motivates people to succeed? Sex. People don’t like to admit it, but it’s the primal driver.

I love what I do. I don’t do it for the money. I work on behalf of investors that I like and want to do well for. I’m a competitive person.

What I love about tennis is that I’m better now than I was when I was 20.

If I believe that I am right, I will take it to the end of the earth until I am proven right.

I’m a very straightforward person. I say precisely what I think. Sometimes it rubs people the wrong way.

Everybody counts, everybody deserves a chance, everybody has a responsible role to play and we all do better when we work together.

Some of us bleed together better than we love.

Have you ever felt trapped in circumstances, then discovered that the only trap was your own lack of vision, lack of courage, or failure to see that you had better options?

Allow the opposition to make you better.

No one sells a song better than the person that wrote it.

Ask for what you want, but be willing to take what God gives you. It may be better than what you asked for.

For better or worse, we all felt something together for once.

Believe in the power of your own voice. The more noise you make, the more accountability you demand from your leaders, the more our world will change for the better.