There's more honor in investment management than in investment banking.

Wall Street has too much wealth and political power.

When someone takes their existing business and tries to transform it into something else - they fail. In technology that is often the case. Look at Kodak: it was the dominant imaging company in the world. They did fabulously during the great depression, but then wiped out the shareholders because of technological change.

The perfect example of Darwinism is what technology has done to businesses.

It's a real pleasure to earn the trust of your customers slowly over time by doing what's right.