Contrary to Pikettyโs rentier hypothesis, I donโt 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.
Bill GatesThere's only one trick in software, and that is using a piece of software that's already been written.
Bill GatesCertainly there's a phenomenon around open source. You know free software will be a vibrant area. There will be a lot of neat things that get done there.
Bill GatesYour school may have done away with winners and losers, but life HAS NOT. In some schools they have abolished failing grades and they'll give you as MANY TIMES as you want to get the right answer. This doesn't bear the slightest resemblance to ANYTHING in real life.
Bill Gates