I've learned there's a big difference between a long-focused value investor and a good short-seller. That difference is psychological and I think it falls into the realm of behavioral finance.

We had a booming stock market in 1929 and then went into the world's greatest depression. We have a booming stock market in 1999. Will the bubble somehow burst and then we enter depression? Well some things are not different.

One of the most gratifying things I get as an artist is when people watch me do these different demonstrations and they in some way feel empowered by what I'm doing so they can confront their own fears. Maybe it's the fear of getting in an elevator maybe it's the fear of going on a plane and seeing the world.

I'm always interested in trying to investigate different personalities. I want to keep myself guessing and keep the fear element alive so that I don't get too comfortable.

How are fears born? They are born because of differences in tradition and history they are born because of differences in emotional political and national circumstances. Because of such differences people fear they cannot live together.

I know a lot of people fear the rougher types who might be at a state school but surely it is better to know who they are and how to deal with them than for that kind of child to appear as a completely different species to yours.

Another parent's different approach raises the possibility that you've made a mistake with your child. We simply can't tolerate that because we fear that any mistake no matter how minor could have devastating consequences. So we proclaim the superiority of our own choices. We've lost sight of the fact that people have preferences.

I talk to women's groups all over the country and see women struggling with this. The fear of not being accepted of being different of not having a man all make it hard for a woman to do what she really believes is right for her.

People have a fear of the unknown. Insects have different senses than us different amount of limbs and their body structure is very different. It's hard for us to really relate to them and understand them.

Respect and fear are two different things.