If you cannot control your emotions, you cannot control your money.

The key to success is emotional stability.

Risk comes from not knowing what you're doing.

Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.

Never depend on a single source of income.

Never be afraid to ask for too much when selling or offer too little when buying.

The trick is, when there is nothing to do, do nothing.

Never test the depth of river with both the feet.

Always associate yourself with people who are better than you.

The secret to happiness is having low expectations.

We don't have to be smarter than the rest. We have to be more disciplined than the rest.

Do not save what is left after spending, but spend what is left after saving.

If you don't find a way to make money while you sleep, you will work until you die.

Luxury goods are the only area in which it is possible to make luxury margins.

I am very competitive. I always want to win.

It’s very important that when you have a designer like Marc Jacobs, who is a genius, you give him complete freedom.

I take time to get close to, and I don’t immediately throw my arms around someone.

Happiness for me is really leading the team and, if possible, leading them to the top.

You have to be just as mistrustful of straightforward rationality in business as you do of a uniquely gut approach.