Forecasting is simply not a strength of the species we are much better with tools and narrative storytelling.

The market is going to love it. The market always seems to applaud major mergers, even though the vast majority of them don't work out and don't increase shareholder value.

Never forget this simple truism: Forecasting is marketing, plain and simple.

The good news is that economists are intelligent, engaging and often charming folks. The bad news is their work is often of little use to investors.

Salesmen always need something to sell.

This ugly duckling investment will likely need time - quarters, or even years - to blossom into a beautiful swan.

If I am going to trash others for their dumb predictions, I must at least hold myself to the same sort of accountability.

One thing I detest most about the financial press is the lack of accountability. All sorts of nonsense is said without penalty.

Unlike cheap stocks, inexpensive asset classes have a lower chance of big drawdowns (broad asset classes don't go to zero) and a higher probability of average or better returns.

Returnless risk is not how you prepare for a decent retirement.

History is replete with examples of tech firms that were marginalized by new companies and technologies.

Your success and significance in life is tied to the unleashing of the greatness in you.

It's lonely up in the top

In her room death would come as a friend, a friend with cool gentle hands . . .

Only a Californian would have observed that it is becoming increasingly difficult to tell the real fake from the fake fake.

Ek Main Aur Ek Tu was a very special film for me. Imran and we complement each other very well. He is sugar, and I am spice.

You cannot define electricity. The same can be said of art. It is a kind of inner current in a human being, or something which needs no definition.

You can get totally messed up trying to please everyone with what you do, but ultimately, you have to please yourself.

I love directing - it's always so involving, so challenging.

So I got home, and the phone was ringing. I picked it up, and said 'Who's speaking please?' And a voice said 'You are.'

When I started on Disneyland, my wife used to say, "But why do you want to build an amusement park? They're so dirty." I told her that was just the point - mine wouldn't be.