The World Is Still In Deleveraging.

Success Is Not In Obtaining The Thing. Because There's Always Another Thing. And Then You Look Back On It, And For Me, Through My Evolution, Yes I Have Success By Most Measures - But For Me, When It Comes To The Greatest Joy Of Reward, There's An Emotional Element And There's An Intellectual Element. Emotionally, My Greatest Joy Was The Personal Relationships I've Had. That Was The Greatest Joy. Intellectually, My Satisfaction Was That I Do Feel I've Evolved Well And I'm Doing My Best To Contribute Toward Evolution.

Constantly Probe The People Who Report To You, And Encourage Them To Probe You.

The Most Important Thing You Can Have Is A Good Strategic Asset Allocation Mix. So, What The Investor Needs To Do Is Have A Balanced, Structured Portfolio – A Portfolio That Does Well In Different Environments…. We Don't Know That We're Going To Win. We Have To Have Diversified Bets.

With The Media, We Don't Know What's True, And We Don't Have Radical Transparency Because We're Seeing Everything Through Somebody Else's Eyes. There's No Other Industry That Has As Much Power And As Much Freedom And As Little Quality Control. I Can't Imagine How Anyone Could Not Think That's A Problem.

People Who Acquire Things Beyond Their Usefulness Not Only Will Derive Little Or No Marginal Gains From These Acquisitions, But They Also Will Experience Negative Consequences, As With Any Form Of Gluttony.