You need to understand things in order to invent beyond them.

Anyway, the US, as in most issues, is the best, has the best capability to lead, and really needs to lead. It doesn't [mean] that other countries won't pick different tacks and emphasize different things. In aggregate, they're almost half of the energy R&D. Europe, China, Japan - it's very important that they come along and contribute to these things.

Contrary to Piketty’s rentier hypothesis, I don’t see anyone on the [Forbes 400 list of the wealthiest Americans] whose ancestors bought a great parcel of land in 1780 and have been accumulating family wealth by collecting rents ever since. In America, that old money is long gone - through instability, inflation, taxes, philanthropy, and spending.

I think that our progress on key diseases over the next several decades is going to be pretty amazing and so I am very interested in that.

It's not easy to remember, but IBM was the computer industry when I was growing up. You loved 'em. You hated 'em. You knew what they were doing. They had set a standard for mainframes. They also set a standard for great sales focus and heavy product R & D.

Convert bad news to good news.

In American math classes, we teach a lot of concepts poorly over many years. In the Asian systems they teach you very few concepts very well over a few years.