We need a President who is not afraid of complexity, who believes in an open and tolerant society, and who knows that the world can be made new again - and that President is Al Gore.
I am always prepared to do the right thing regardless of what other people think.
I'm not emotional about investments. Investing is something where you have to be purely rational and not let emotion affect your decision making - just the facts.
I'm an extremely, extremely persistent person. Extremely. And when I believe I am right, and it is important, I will go to the end of the earth.
More effective than giving away half my fortune before I die is finding a way to help people have a good-paying job.
There is no evidence that more regulation makes things better. The most highly regulated industry in America is commercial banking, and that didn't save those institutions from making terrible decisions.
I can't think of another enterprise other than being a homeowner that can't have its debt restructured in bankruptcy. Corporations can but a homeowner can't? Now with securitization the homeowner can't go to the owner of the loan and work things out.
I only take vitamin B complex. Before World War II, I used to take ionized yeast, because in the pre-war era we never heard about vitamins.
Is this what it's like? he wondered. When you're about to die? One hand stretched back to someone who cares for you, the other reaching for a place you can't see.
I believe that a newspaper is a great civic asset and that ownership is best in the hands of foundations or wealthy families that want to own it for reasons other than maximizing profits. I also believe newspapers should remain in local hands.
The best thing going for us is Al Gore. I cannot conceive how the American people could elect him. On the other hand, I couldn't conceive how they could elect a Jimmy Carter or Bill Clinton - especially Clinton in '96.
Credit is a promise to deliver money. It will produce GDP but you'll create credit... So you reach a certain point that that you can't do that anymore... There are choices. And how do we best support, apportion the money? How much is going to be tran...
You get recessions, you have stock market declines. If you don't understand that's going to happen, then you're not ready, you won't do well in the markets.
I can be stressed, or tired, and I can go into a meditation and it all just flows off of me. I'll come out of it refreshed and centered and that's how I'll feel and it'll carry through the day.
The pain of problems is a call to find solutions rather than a reason for unhappiness and inaction, so it's silly, pointless, and harmful to be upset at the problems and choices that come at you (though it’s understandable).
In the 2000 election, George W. Bush, who had shirked military service, succeeded in presenting himself as more reliable on national security than Al Gore.
I've lived through periods of illiquidity before. Asset prices come down. The economy slows or even goes into recession. Then the cycle re-starts. We buy at lower prices with less leverage.
In my lifetime, we've gone from Eisenhower to George W. Bush. We've gone from John F. Kennedy to Al Gore. If this is evolution, I believe that in twelve years, we'll be voting for plants.
My favorite memories growing up in North Carolina were hunting and fishing with my father and brothers. There, I developed a deep appreciation for protecting land and waterways. There, I learned outdoorsmanship.
Industries with rapid change are the enemy of the investor. Tech businesses, particularly biotech, is a problem from that point of view. All industries work with change, but you should ideally be investing in businesses with a low rate of change, not...
A lot of what I do is running businesses rather than buying stocks. My worst decision is probably when I know I have the wrong chief executive running the business, and I keep on waiting to make the difficult decision of replacing him.
