Anyway, what’s the point of a plot, you know? Has life got a plot? Not that I know of. So why should a novel have a plot? But it has to have some kind of story. It has to have some kind of structure.

In all this we can only move forward, if we work in a multilateral setting; and that also is another dimension of this – that is recognises the importance of multilateralism. As the citation says, “broadest international co-operation”. We can only win together or lose together, Marika. I think that’s something I have been saying for quite a while and you probably will hear me say more of that, as we go forward.

Over the past two centuries, our nation has moved from being an agricultural economy, to a manufacturing economy, to a service economy, and now to a predominantly financial economy. But our financial economy, by definition, subtracts from the value created by our productive businesses. Think about it: while the owners of business enjoy the dividend yields and earnings growth that our capitalistic system creates, those who play in the financial markets capture those investment gains only after the costs of financial intermediation are deducted. Thus, while investing in American business is a winner's game, beating the stock market before those costs is a zero-sum game. But after intermediation costs are deducted, beating the market—for all of us as a group—becomes a loser's game.

The strategy we've adopted precludes our following standard diversification dogma. Many pundits would therefore say the strategy must be riskier than that employed by more conventional investors. We disagree. We believe that a policy of portfolio concentration may well decrease risk if it raises, as it should, both the intensity with which an investor thinks about a business and the comfort-level he must feel with its economic characteristics before buying into it.

OK, but speaking seriously, I’m actually quite proud of my IgNobel Prize – not because of IgNobel Prize – it’s a more subtle association. Essentially, yeah, IgNobel Prize is given for something which forces people to smile. ... with IgNobel Prize they ask you a few weeks in advance whether you are ready to accept this prize or not. So we considered hard and, at the end, we had courage to accept this IgNobel Prize, yeah. So, I’m proud that I had enough courage to do that and I do not regret accepting it.