When I got to the Mavericks people were all giving me advice - change this, change that - and one thing that I didn't do was fire anybody.
The number-one job of the hedge-fund manager is not to make sure that you can retire with a smile on your face - it's for him to retire with a smile on his face.
I used to drive around looking at the big houses, wondering how they got there. I used to love biographies about successful business people, wondering how they got there. You start to realize that if they can do it, I can do it.
If you are good enough to compete for a top-level corporate job, you should be smart enough to know what the job pays the other gender and negotiate accordingly. If you are an employer, and you don't pay an employee market wages, regardless of gender or orientation, you will end up with what you deserve.
Donald Trump has got unlimited number of insecurities. But the No. 1 one thing, I would say, is his insecurity with his intellect. There's a reason why he always refers to where he went to college and, you know, that, 'I'm a smart person.' You know, it may be narcissism. But I think it really reflects an insecurity.
Leaders don't change their positions mid-debate. They welcome scorn from the masses because it creates the opportunity for dialogue.
Someone is out there looking to put you out of business. Someone is out there who thinks they have a better idea than you have. A better solution than you have. A better or more efficient product than you have.
There are a lot of things I suck at. I'm not organized. I have to have partners and people around me who dot my i's and cross my t's. I'm sloppy. I'm a ready-fire-aim guy. I need to have people around me who aren't.
When you look at 'policy wonk' in the dictionary, the one picture you won't see is Donald Trump.
I'm not the type to pat myself on the back and all that, but somebody has to be lucky, right? When I got to Dallas, I was struggling - sleeping on the floor with six guys in a three-bedroom apartment. I used to drive around, look at the big houses, and imagine what it would be like to live there and use that as motivation.
I don't think there's any question that the UFL or any other league that wants to challenge the NFL can have an impact. The demand for professional football is off the charts.
Sweat equity is the most valuable equity there is. Know your business and industry better than anyone else in the world. Love what you do or don't do it.
But we have to ask ourselves, what's the purpose of the stock market? It's supposed to be a source of capital for growing business. It's lost that purpose.
Money is a scoreboard where you can rank how you're doing against other people.
In my opinion, right now there's way too much hype on the technologies and not enough attention to the real businesses behind them.
I think Amazon is the greatest start-up and the greatest company in the world. The way they are using new technologies is not just disrupting retail, it's getting ready to disrupt everything.
Social media is just a platform. Twitter is a very simple and immediate broadcast platform. Facebook is a very personal, when it comes to friends and when it comes to fan pages, a little bit less but still somewhat personal way to communicate.
I liked Trump's honesty because it was different and had a chance to change the business of politics. What I didn't realize he was missing at the time was a complete and utter lack of preparation, knowledge, and common sense.
Anyone who says he is an expert in the market is lying to you. There is no such thing.
Automation is going to cause unemployment, and we need to prepare for it.
If I ran as a Dem, I know I could beat Hillary Clinton. And if it was me vs. Trump, I would crush him. No doubt about it.
I grew up in a working class family. People thought I might go work at a mill. My mom wanted me to learn how to lay carpet because she was concerned about my future. Nobody had high hopes for me. But I was a hustler.
Your customers can tell you the things that are broken and how they want to be made happy. Listen to them. Make them happy. But don't rely on them to create the future road map for your product or service. That's your job.
I knew how to sell. I felt confident I could run a business. I was willing to outwork anyone. I wasn't afraid to live like a student on next to nothing. So that meant I had absolutely nothing to lose and everything to gain.
I am telling you, the world's first trillionaires are going to come from somebody who masters A.I. and all its derivatives and applies it in ways we never thought of.
I know that I'm not perfect. While we all have our prejudices and bigotries, we have to learn that it's an issue that we have to control, that it's part of my responsibility as an entrepreneur to try to solve it, not just to kick the problem down the road.
For food service industry and retail, I'm for the minimum wage being increased to at least $12. Not for manufacturing. Software and robotics are going to revolutionize manufacturing in the next 10 years. In the meantime, we have to compete with overseas manufacturing.
I look at my annual budgets for everything and anything, and I look to see where I can save the most money on those items. Saving 30% to 50% buying in bulk - replenishable items from toothpaste to soup, or whatever I use a lot of - is the best guaranteed return on investment you can get anywhere.
In the past, people used to tell me to shut up a bit. But what I believe is to put out your opinion and let everyone else react. If I'm wrong, I'm wrong.
I create offbeat advice; I don't follow it. I rarely take third-party advice on my investments.
I'm the one guy who says don't force the stupid people to be quiet. I want to know who the morons are.