“There are two main drivers of asset class returns – inflation and growth.”

I think so many people are reactive… they see things in a short term way they’re right up against it.

Meditation helps you stay in a calm, clear-headed state so that when challenges come at you, you can deal with them like a ninja – in a calm thoughtful way. When you’re centered, your emotions are not hijacking you.

I notice a difference from the moment I meditate.

In return, society rewards those who give it what it wants. That is why how much money people have earned is a rough measure of how much they gave society what it wanted.

Once you accept that playing the game will be uncomfortable, and you do it for a while, it will become much easier (like it does when getting fit). When you excel at it, you will find your ability to get what you want thrilling.

I’d like to be clear that a number of people find me intolerable, and they don’t hesitate to say so – which they and I cherish.

When you’re centered, your emotions are not hijacking you.

By and large, life will give you what you deserve and it doesn’t give a damn what you like. So it is up to you to take full responsibility to connect what you want with what you need to do to get it, and then to do those things.

I don’t think individual media outlets will regulate. There are such things as self-regulatory organizations that will look at the members of the industry and their behavior and establish standards of behavior.

People who confuse what they wish were true with what is really true create distorted pictures of reality that make it impossible for them to make the best choices.

It’s more important to do big things well than to do small things perfectly.

Some people seek to understand, and some people seek to portray what they want to portray.

I also believe that everyone needs to think independently and make their own decisions on what makes the most sense.

That’s what I mean by radical truth. I mean accepting reality.

A beautiful deleveraging balances the three options. In other words, there is a certain amount of austerity, there is a certain amount of debt restructuring, and there is a certain amount of printing of money. When done in the right mix, it isn’t dramatic.

School typically doesn’t prepare young people for real life – unless their lives are spent following instructions and pleasing others. In my opinion, that’s why so many students who succeed in school fail in life.