Two people from the same organization tend to perform alike. That means the best performers are clustering in some organizations while the worst performers are clustering in others.

I believe in buying great companies —especially companies that are undervalued, and/or underappreciated.

If you aspire to be a good conversationalist, be an attentive listener. To be interesting, be interested. Ask questions that other persons will enjoy answering. Encourage them to talk about themselves and their accomplishments.

The emphasis on self—individual success, self- fulfillment, individual freedom, self-actualization—is a catastrophe. I now think that living a good life requires a much vaster transformation.

Iterative development, based on customer insights and feedback, helps refine the product and optimize its value over time.

THE LAW OF THE INNER CIRCLE - You are the average of the people you spend the most time with

Superior investing requires both generating returns and controlling risk. And recognizing risk is an absolute prerequisite for its control.

Goals born from inspiration feel light, energizing, and fulfilling. They arise from a place of abundance and joy, where the act of creation itself is the reward.

That’s another dichotomy: in order to help your team, sometimes you have to hurt them. Just like a doctor performing a surgery. Surgery is a brutal thing: cutting open a body and removing parts of it, then sewing it back together. But in order to save a life, a surgeon has to do just that.

Leading people is the most challenging and, therefore, the most gratifying undertaking of all human endeavors.