I grew up in a small town outside Philadelphia and went to the local high school, where I ran track all four years.

Today, whenever I'm under pressure to make a decision on a transaction but I don't know what the right one is, I try desperately to postpone it. I'll insist on more information - on doing extra laps around the intellectual parking lot - before committing. I take the same approach with people, too.

Inaccurate analysis produces faulty insights and bad decisions - which lead to losing a tremendous amount of money.

Stephen A. Schwarzman Quotes