The goal of a private company is, first, zero to one: Get past the product-market fit; figure out whether people actually care about what you're trying to build and someone will pay you money for that. That's the zero to one problem.

None of us are going to fix governance; it may just be beyond repair. But you can fix capitalism. And the reason you can fix capitalism - It is inherently numerical, and as a result, it is inherently objective. It can be done objectively.

My first job was at a Burger King.

Your job as a smart investor is to separate the facts and the news from the fiction and the noise.

It's very important to hold on to what you want. In front of you is very easy fame and very easy money.

The financial crisis of 2008 was not caused by investment banks betting against the housing market in 2007. It was caused by the fact that too few investors - including all of the big investment banks - bet too heavily on the housing market in the years before 2007.

The reality is, risk is variable. Those in the financial world know it.

My two favorite things about being a pro player are Sunday afternoons being able to excite many fans and the money because I get to treat my family and friends and myself to nice things.