follow the first principle of the Bushido—the way of the warrior: keep death in mind at all times.

Note to self: It’s a good idea to ask, “What am I not doing?”

No, markets weren’t “efficient” at finding the truth; they were just very efficient at converging on a conclusion—often the wrong conclusion.

On my grandfather’s tombstone, you will find his favorite Marx quote: “Life is struggle.” I believe that within that quote lies the most important lesson in entrepreneurship: Embrace the struggle.

I can now share my weaknesses, my fears, and my shortcomings.

Margit Wennmachers,

As a CEO, there is no such luxury. As CEO,

No track record, no portfolio companies, no nothing. But people knew us and they especially knew Marc. So I said, “Rather than trying to create a totally new brand from scratch, why not just use your brand?”

Michael Ovitz.