“So again, as my economics teacher said to me in 1965 at military school, read this book. You must know your enemy. and the Chinese are enemies, you know, and I grew up in Hawaii where we had we dealt with, you know, my my classmates were Chinese or Japanese or Filipino or Portuguese.”

“This is the highest leverage that we've ever seen in the history of the stock market. Much higher than 1929.”

“this is the thing like all these there's all these American companies that have invested all this money and notably Apple right in communist China but that money actually isn't theirs.”

“if you are going to have risk concentrated in one dimension, then you counterbalance that by reducing risk in other dimensions.”