You have to learn to understand your partner, to be tolerant, sympathetic, encouraging. Those are skills that are not bad to have in life.

Wide diversification is only required when investors do not understand what they are doing.

Risk comes from not knowing what you're doing.

Why not invest your assets in the companies you really like? As Mae West said, 'Too much of a good thing can be wonderful'.

The partner of my partner is not my partner

We've had some disappointments, but those are things you learn from and I think we've done that. What's encouraging is the way the team has developed. We have definitely moved in the right direction.