Andrew Ross Sorkin: commitment

Transcript context

…It’s one way to spread the norm that anything new in finance is like gambling. Treat it as gambling; assume that it is money you are willing to lose. That’s what I would do, just as a matter of stated policy. You need the private sector to cooperate more, but the government can take some role in simply spreading this message. Tyler, I will tell you one of the great lessons for me, and this is true of 1929, covering the financial crisis and the like. We, humanity, us, people — we’re not great at self-regulating ourselves. We’re not great at control. That’s what greed is. There’s a great line. I don’t know if you saw the movie Wall Street 2, not nearly as good as Wall Street 1. There’s a scene in the movie where Shia LaBeouf looks at, I think it’s Josh Brolin, and says, “What’s your number?” As in, what’s your number to feel independent or financial freedom, or when would you stop? When would you feel like you got to the top of the mountain kind of thing? I remember that, yes.…

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