I chose to start Schwarzman Scholars because I saw the potential for the world to become focused and unhappy with China, in large part because of the populism that was growing throughout the world.

I'm concerned with China growing at double or triple the rate of the West, that there will be tensions. One needs to do something to start addressing misunderstandings and frustration.

Inaccurate analysis produces faulty insights and bad decisions - which lead to losing a tremendous amount of money.

The concept of fair value accounting is correct and useful, but the application during periods of crisis is problematic. It's another one of those unintended consequences of making a rule that's supposed to be good that turns out the other way.

I think after being kicked and slapped on social media a billion times, I had this one time. This lady said I was a deplorable human being, and that hurt.

It's so exciting to be doing radio on the cutting edge of technology. Being in on something new is the biggest thrill in the world.

Social media has changed the world forever. We're not going to go backwards. People are not going to accept being poor, accept being excluded anymore.

Our ability to connect as a nation with other nations around the world is enhanced dramatically by the Internet.