Infrastructure done right can help working people; infrastructure done wrong is just more money for private equity.

Credit expansion and money printing hasn't filtered much to ordinary people. It's boosted asset markets, real estate and stocks. So well-to-do-people have done very well.

With actively managed funds, people have big behavior problems. With funds that have done well, they put their money in, and when it has done bad, they want to take it out.

So many people appreciate what you've done, the doors you've opened, but some people realise they're not going to be able to make as much money as they thought possible when you first started.

Basically, what we've done is, every year we take half the money and allow people who've helped us in the industry to give it away. One year, the ladies who put the pretzel bags in the boxes got to give it away.

Rhythm and blues started even before phonograph records were being produced because black people entertained themselves. It wasn't done for money. It was done for entertainment. Most white people didn't know anything about this because prejudice kept them from ever seeing what was going on.

The Trump people make it extremely hard to figure out what's going on with their businesses, so we've done things like try to figure out all the people, the charities who rented out ballrooms and hotel rooms, all the NBA teams that stay at his hotels, people that pay him a lot of money and have other choices.

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