Do not tolerate brilliant jerks. The cost to teamwork is too high.

The best managers figure out how to get great outcomes by setting the appropriate context, rather than by trying to control their people.

Risk means more things can happen than will happen.

-- Howard Marks

At the root of all financial bubbles is a good idea carried to excess.

-- Seth Klarman

Stock market profits are pain money. First comes the pain, then the money.

-- André Kostolany

Remembering that you are going to die is the best way I know to avoid the trap of thinking you have something to lose.

-- Steve Jobs

Simplicity and common sense should characterize planning and strategic direction.

-- Ingvar Kamprad

If you want to do something great, you should not be afraid of suffering.

-- Jensen Huang