But today the quickest way to save your bottom line is to cut off research.

I loved music, and in my ninth year at MIT, I decided to buy a hi-fi set. I figured that all I needed to do was look at the specifications. So I bought what looked like the best one, turned it on, and turned it off in five minutes, the sound was so poor.

The prejudice was so bad in the United States at that time that a dark person with a white person would not be served in a restaurant. My father, mother, and I would try it occasionally. We would sit there, and the food would never come.

No one ever won a chess game by betting on each move. Sometimes you have to move backward to get a step forward.

At 13, I realized that I could fix anything electronic. It was amazing, I could just do it. I started a business repairing radios. It grew to be one of the largest in Philadelphia.

Research in this country is going down.

All military and most commercial aircraft use our designs that process power from jet engines.