Success and failure are both difficult to endure. Along with success come drugs, divorce, fornication, bullying, travel, meditation, medication, depression, neurosis and suicide. With failure comes failure.
It's a funny business. I kind of compare it to baseball. I'm always looking for a home run.
Nothing recedes like success.
The general systems of money management today require people to pretend to do something they can't do and like something they don't. It's a funny business because on a net basis, the whole investment management business together gives no value added to all buyers combined. That's the way it has to work. Mutual funds charge two percent per year and then brokers switch people between funds, costing another three to four percentage points. The poor guy in the general public is getting a terrible product from the professionals.
There were rumors that flew about the two of us, which were complete poppycock. There was never any romance between Madonna and myself. I mean, we had a moment where we're kissing in that video [Material Girl], but she at the time was with Sean Penn, and I was married with two kids, so there was no funny business there.
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