I have a saying: There are no brave old people in finance. Because if you're brave, you mostly get destroyed in your 30s and 40s. If you make it to your 50s and 60s and you're still prospering, you have a very good sense of how to avoid problems and when to be conservative or aggressive with your investments.
Every day should be a good day. People fool themselves that they'll be here forever.
I was in an interdisciplinary major - which was a new thing then - which was psychology, sociology, anthropology, and biology, which is really sort of the study of the human being.
Sometimes, success in life is knowing one's limitations.
I always felt uncomfortable with real estate because buildings don't move, and neighborhoods change.
Business is usually a team sport. There isn't one great person sitting there directing things. You can't run an effective business like that.
Sleeping at night is not a specialty of entrepreneurs. The entrepreneur who is sleeping soundly, something bad is happening to that person; they just don't know it's happening yet.
I grew up in a small town outside Philadelphia and went to the local high school, where I ran track all four years.
Live life intensely - I've always believed in that.
We need to be able to identify and support young people who demonstrate interest and aptitude in entrepreneurship and business creation and give them tools to follow this path throughout their educational experience.
What I've found in being around political people is they're willing to negotiate their ideology somewhere around 5 percent. They believe that's really stepping out. And it's really hard to do business when you only move 5 percent from your ideology.
There are no patents in finance.
Today, whenever I'm under pressure to make a decision on a transaction but I don't know what the right one is, I try desperately to postpone it. I'll insist on more information - on doing extra laps around the intellectual parking lot - before committing. I take the same approach with people, too.
There's usually room in the theme parks business for efficiencies on the cost side and new investment, which drives traffic.
For future geopolitical stability and global prosperity, we need to build a culture of greater trust and understanding between China, America and the rest of the world.
Education around entrepreneurship should start early, at secondary level, and be very robust by college level.
My biggest job really is to figure other people out. I need to understand what makes a person tick.
In 2014, Blackstone was the most profitable money manager in the world. I did not anticipate that.
Paid leave is worth every penny.
If I get angry, it's obvious. I don't have to say much.
