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.

Changes have taken place since year one. When Caruso left, that was a big change. We've been able to adapt nicely. It's given us new opportunities for different characters and story lines.

I'm not interested in showing the wish of what it looks like to be human. I'm interested in showing what it actually looks like.

Man can now fly in the air like a bird, swim under the ocean like a fish, he can burrow into the ground like a mole. Now if only he could walk the earth like a man, this would be paradise.

It's funny how quickly human beings adapt.