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Everyone said the music industry was dead. I saw an industry with incredible content and a broken distribution model. Streaming fixed the distribution.

contrarianinvesting— Bloomberg Interview, 2020
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The best investments are in things that people think are finished. They rarely are.

contrarianpatience— Access Industries annual meeting, 2018
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I came to America with nothing from the Soviet Union. Every investment since has been a bet on freedom and markets.

entrepreneurshipimmigration— Harvard Business School speech, 2015
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I don't invest in trends. I invest in assets that will exist in 50 years.

fundamentalslong-term— Interview, 2019
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Philanthropy isn't giving back. It's investing forward. Education returns compound the same way financial returns do.

educationlegacy— Oxford University speech, 2017