I thought I was a hedonist at the time, but when I look back I was always working. I am always working. I work every day. I never give parties; I never gave them.

Don’t write in public places. In the early 1990s I went to live in Paris. The usual writerly reasons: back then, if you were caught writing in a pub in England, you could get your head kicked in, whereas in Paris, dans les cafés . . . Since then I’ve developed an aversion to writing in public. I now think it should be done only in private, like any other lavatorial activity.

Sleep has to be, by far, the most underrated aspect of good health. I think sleeping less & working more is glorified. Life is like a marathon; if you run too fast and don't pace yourself, you can burn out, and you probably won't be able to finish strong.

Unfortunately. And it’s mostly a made-up story. It was incredible to see how it was created here. All over the news: Muslim rage or whatever. The rioting was not about being Muslim. These people have not been able to integrate. So if they have a crisis of identity, it’s forced upon them. If, after three generations of living in France, Arabs are still called Arabs and not French, then of course they will be angry. People ask why the Arabs don’t consider themselves French. Well, it’s because the French don’t consider them French. Then you had the Ministry of the Interior talking about cleaning the scum off the street. That doesn’t justify the violence—they don’t have the right to burn cities—but it explains what happened.

I'd say be just like you. I once had someone tell me that I don't remind them of anyone that they ever met. And I took that as a huge compliment, which meant I was original. And so I would suggest to her that she speak her truth with her life, with her own sense of purpose and pursue her dreams.

I literally said to them - all of our faces were on the - in the boxes on Zoom. And I welled up. And I said, oh my God, this is my dream. This is what I want - I've wanted to see my whole life of working at Ariel and all the things we've built, and making sure we all have a shot at this - narrowing this wealth gap, and putting our stamp on the industry and society.

silver bullet is probably incentives. I think that if corporate America really said, "you're not going to get your full bonus if you don't have a diverse team working for you," I think we'd see some changes, really, really fast.

So I started with this idea of could we do private equity totally differently than had been done? One of the major features of what we do is something called demand aggregation, where we go to corporations and what we call the CPO, the purchasing officers of those - chief purchasing officers. We developed a council of Fortune 500 companies.

That moving a lot really committed me to stability and committed me to ... being in control of my destiny. That was something that was very important to me. And it also made me very conservative about money.

I wrote about this in our first quarter client letter, actually, the concept of polycrisis, and I talked about the fact that my belief is that we've all become firefighters.