At one point, I recognized that Warren Buffett, though he had every advantage in learning from Ben Graham, did not copy Ben Graham but, rather, set out on his own path and ran money his way, by his own rules... I also immediately internalized the idea that no school could teach someone how to be a great investor.

Innovation, especially in America, is continuing at a breakneck pace, even in areas facing substantial political or regulatory headwinds. The advances in health care in particular are breathtaking - so many selfless souls are working to advance science, and this is heartening.

I seek individual investments that will allow me to target total portfolio returns of at least 20% annually after fees and expenses on an annual basis over a period of years, not months.

Government policies and regulations in the postcrisis era have aided the hollowing-out of middle America far more than anything the private sector has done. These changes even expanded the wealth gap by making asset owners richer at the expense of renters.

Literature is an avenue to glory, ever open for those ingenious men who are deprived of honours or of wealth.

I probably wouldn't have done as many as I did in one year, which I did when I was trying to raise money.

Be motivated by something beyond simply money or glory.

Technology is a major tool in exploring and challenging your creativity, but it can also overtake your creativity... My mind goes very fast, and I can see all kinds of images that would be spectacular on the screen. But they would cost so much money, and would they really make the story that much better?