We're not about liquidating companies, but if you do that, why is that terrible? We're not blowing up the factories. The person who buys it should be able to make the asset more productive.

The CEO is, by far, the most important decision for a company... The company is going to rise and fall with the CEO.

A lot of people died fighting tyranny. The least I can do is vote against it.

Too often it's not the most creative guys or the smartest. Instead, it's the ones who are best at playing politics and soft-soaping their bosses. Boards don't like tough, abrasive guys.

I believe there are and will be major opportunities to enhance Time Warner's value in future combinations.

Don't confuse luck with skill when judging others, and especially when judging yourself.

A great company in the media business needs visionary leaders, not a conglomerate structure headquartered in Columbus Circle that second guesses.