Bottom line is, I didn’t return to Apple to make a fortune. I’ve been very lucky in my life and already have one. When I was 25, my net worth was $100 million or so. I decided then that I wasn’t going to let it ruin my life. There’s no way you could ever spend it all, and I don’t view wealth as something that validates my intelligence.
‘Park Avenue: Money, Power and the American Dream’ is an intentionally angry film. How could it not be when the chance of an infant dying is five times greater on the Bronx Park Avenue than on Manhattan’s Park Avenue just across the Harlem River?
Nothing makes you feel better than when you get into a hotel bed, and the sheets feel so good. Why shouldn’t you wake up like that every day? Spend money on your mattress and bedding because these things make a difference on your sleep and, ultimately, your happiness.
I call Alibaba ‘1,001 mistakes.’ We expanded too fast, and then in the dot-com bubble, we had to have layoffs. By 2002, we had only enough cash to survive for 18 months. We had a lot of free members using our site, and we didn’t know how we’d make money. So we developed a product for China exporters to meet U.S. buyers online. This model saved us.
I always want to say to people who want to be rich and famous: ‘try being rich first’. See if that doesn’t cover most of it. There’s not much downside to being rich, other than paying taxes and having your relatives ask you for money. But when you become famous, you end up with a 24-hour job.
When we die our money, fame, and honors will be meaningless. We own nothing in this world. Everything we think we own is in reality only being loaned to us until we die. And on our deathbed at the moment of death, no one but God can save our souls.
I just save my money, man. I don’t even try to enjoy it like these other rappers; they having fun and they lit, but they gon’ be broke later on. I be savin’, I be chillin’. It feels good to know I got it, but it feel better to know I’ma keep it too.
We need business to understand its social responsibility, that the main task and objective for a business is not to generate extra income and to become rich and transfer the money abroad, but to look and evaluate what a businessman has done for the country, for the people, on whose account he or she has become so rich.
At its core, bitcoin is a smart currency designed by very forward-thinking engineers. It eliminates the need for banks, gets rid of credit card fees, currency exchange fees, money transfer fees, and reduces the need for lawyers in transitions… all good things.
The American Dream is still alive out there, and hard work will get you there. You don’t necessarily need to have an Ivy League education or to have millions of dollars startup money. It can be done with an idea, hard work and determination.
Bitcoin is amazingly transformative because it’s the first time in the entire history of the world in which anybody can now send or receive any amount of money, with anyone else, anywhere on the planet, without having to ask permission from any bank or government.
It’s amazing to me how many people think that voting to have the government give poor people money is compassion. Helping poor and suffering people yourself is compassion. Voting for our government to use guns to give money to help poor and suffering people is immoral, self-righteous, bullying laziness.
War is hugely profitable. It creates so much money because it’s so easy to spend money very fast. There are huge fortunes to be made. So there is always an encouragement to promote war and keep it going, to make sure that we identify people who are ‘others’ whom we can legitimately make war upon.
Companies spend millions of dollars on firewalls, encryption, and secure access devices and it’s money wasted because none of these measures address the weakest link in the security chain: the people who use, administer, operate and account for computer systems that contain protected information.
Money doesn’t mean anything to me. I’ve made a lot of money, but I want to enjoy life and not stress myself building my bank account. I give lots away and live simply, mostly out of a suitcase in hotels. We all know that good health is much more important.
At one point, I recognized that Warren Buffett, though he had every advantage in learning from Ben Graham, did not copy Ben Graham but, rather, set out on his own path and ran money his way, by his own rules… I also immediately internalized the idea that no school could teach someone how to be a great investor.
A beautiful deleveraging balances the three options. In other words, there is a certain amount of austerity, there is a certain amount of debt restructuring, and there is a certain amount of printing of money. When done in the right mix, it isn’t dramatic.
My great-grandfather was prime minister of Canada, and I had a very Edwardian upbringing. It was a beautiful, romantic way of growing up, until the family lost its money. And I decided to be bad and rough and find the streets rather than the gates.
Art is a subjective thing, and it should be a subjective thing. And the difficulty of subjectivity is that it becomes hugely problematized when you start applying large sums of money to art objects. That’s where it all starts to get a bit sticky.
I love the Queen. I love the whole fairy tale of the Royal Family; the Crown Jewels; Buckingham Palace; the tourist attraction. But really, is that what we’ve got a monarchy for? It’s just for tourism, and then you survive and live off taxpayers’ money?
When you go through hell, your own personal hell, and you have lost – loss of fame, loss of money, loss of career, loss of family, loss of love, loss of your own identity that I experienced in my own life – and you’ve been able to face the demons that have haunted you… I appreciate everything that I have.
Allah says in the Qur’an not to despise one another. So the criterion in Islam is not color or social status. It’s who is most righteous. If I go to a mosque – and I’m a basketball player with money and prestige – if I go to a mosque and see an imam, I feel inferior. He’s better than me. It’s about knowledge.
Socialism violates at least three of the Ten Commandments: It turns government into God, it legalizes thievery and it elevates covetousness. Discussions of income inequality, after all, aren’t about prosperity but about petty spite. Why should you care how much money I make, so long as you are happy?
The TV business is uglier than most things. It is normally perceived as some kind of cruel and shallow money trench through the heart of the journalism industry, a long plastic hallway where thieves and pimps run free and good men die like dogs, for no good reason.
Money begets money. If you don’t have that, you wait around to be hired by somebody at the mercy of others. If you have that money in your hand, you desperately try to make the best use of it and move ahead. And that’s generating income for yourself.
