If you asked most people to categorise good trades and bad trades, you would find the answers to be quite simple… If it makes money it's a good trade, and if it loses money, it's a bad trade. That's not true at all… There's a very simple test to see whether something was a good or bad trade. You have to ask the question: 'If I was faced with the exact same information and circumstances again, would I still make the same trade?'. If the answer is yes, then it was not a bad trade.

You can almost think of it like three sock puppets! You, this little chimp, and a computer, trying to run your life.

The single greatest deficit that Europe faces today is not a budget, current-account or trade deficit… but a growth one. With stronger growth, a lot of these problems would be quite a bit easier to handle, if not to resolve.

The law is not an end in itself, but a means to achieve justice. When the law fails to deliver justice, we must be willing to reform the law, not abandon the pursuit of justice.

Food is not just sustenance. It's memory, it's culture, it's identity. When I cook, I'm telling the story of my grandmother, my mother, the streets of Amritsar where I grew up.

I grew up with a fear of the heart as an executioner of men in the prime of their lives.

In the case of Brazil, one of the most important things is the huge ethnic and cultural mixture which makes us a country with dynamism, vibrancy, and the ability to understand the psychology of other nations. We have problems, of course, but this is one of our huge strengths, and a huge foreign policy asset.

It's like playing chess but while getting punched in the face.

Winning is good, losing is bad! If you're winning, you can give back — to your family, institutions of your choice, and your local communities. If you're losing, your pockets are empty.

We characterise our ideal 'Substacker' in affectionate terms – we call them outsider nerds – they're outsiders insofar as they don't fit comfortably in the dominant media structure for whatever reason – perhaps they feel they can do better work outside of it They're nerds insofar as they're especially knowledgeable or passionate about a particular subject area.

I don't think of what I do solely as an expression of me and my life; it's more that I'm someone who loves what happens when a great song comes into my life. I become still. I see life as beautiful… majestic. I feel more like the song is doing something for me rather than me doing something to make the song… or to do to the song.

In our modern world, everyone has an opinion about everything; and it's powerful to step back and go, 'you know what… I genuinely don't have an opinion about that…' – taking that position is seen as most terrible in today's day and age, but if you really work to dismantle all the things you think you are, you'll probably find you don't have an opinion about so many things.