I chose to start Schwarzman Scholars because I saw the potential for the world to become focused and unhappy with China, in large part because of the populism that was growing throughout the world.

I'm concerned with China growing at double or triple the rate of the West, that there will be tensions. One needs to do something to start addressing misunderstandings and frustration.

Inaccurate analysis produces faulty insights and bad decisions - which lead to losing a tremendous amount of money.

The concept of fair value accounting is correct and useful, but the application during periods of crisis is problematic. It's another one of those unintended consequences of making a rule that's supposed to be good that turns out the other way.

Long before social media made things like bib replication easier, banditing at major races was viewed as a brave act. Rebellious runners like John Tarrant gatecrashed races as a political statement, in protest of rules about amateurism that limited how much money athletes could earn in appearance fees and endorsements.

Money's important, but it isn't a motivator for me.

I know that there was a public disclosure mechanism in my financial forms.

I'm someone who believes that making things creates wealth.