I don’t think there is a sound UK bank now, at least, if there is one I don’t know about it. The City of London is finished, the financial centre of the world is moving east. All the money is in Asia. Why would it go back to the West? You don’t need London.

Most of my thoughts, you couldn’t print.

If you bail out every investment bank that gets in trouble, that’s not capitalism, that’s socialism for the rich.

They wouldn’t be politicians if they knew what they were doing.

It’s a lot of fun finding a country that nobody knows about. The only thing better is finding a country everybody’s bullish on and shorting it.

Paper money is made of cotton, and I’m long cotton, by the way. One reason I’m long cotton is because Dr. Bernanke is out there running the printing presses as fast as he can.

When things go wrong on a macroeconomic level, it’s almost always this way. People find someone to blame, whether it’s blacks, whites, Christians, Jews, Muslims-whoever.

You don’t train for only the 100-meter dash and you don’t practice only the excerpts. When I prepared for auditions, I spent most of my time each day on scales and exercises to be my best in basic musicianship, and only a half-hour or so on the actual excerpts I’d be playing.

The City of London and Wall Street are not going to be great places to be in the next two or three decades. It’s going to be the people who produce real goods in charge – the farmers and the miners.

Acknowledge the complexity of the world and resist the impression that you easily understand it. People are too quick to accept conventional wisdom, because it sounds basically true and it tends to be reinforced by both their peers and opinion leaders, many of whome have never looked at whether the facts support the received wisdom. It’s a basic fact of life that many things “everybody knows” turn out to be wrong.