You've got to learn to work with others. One of my main values is, you learn this system of mutual benefit. That is, if you shirk and you try to make the other guy do more, he's going to do that to you.

How do we have a society that maximizes peace, civility and well-being for everyone? How do we have a system of individual rights in which people succeed by helping others improve their lives? We're a long way from that. So what, I mean, we got more to learn than we know, to me. So we need better ideas.

My view on well-being and fulfillment comes from Maslow and positive psychology, and that is that you're satisfying three sets of needs. First need is physiological and safety needs: Got to satisfy those first. And the second is you got to satisfy your community needs because we're social animals, and if we don't have that, we're empty and we don't have people to share knowledge and bounce things off of, and challenge ourselves. And then the third is the idea is to find a calling.

They say your genetics are going to set your direction regardless of what happens, but I think there's more to it than that.

Being captive to quarterly earnings isn't consistent with long-term value creation. This pressure and the short term focus of equity markets make it difficult for a public company to invest for long-term success, and tend to force company leaders to sacrifice long-term results to protect current earnings.

When currying favor with Washington is seen as a much easier way to make money, businesses inevitably begin to compete with rivals in securing government largess, rather than in winning customers.

So to the best we can, what we do is focus on creating value for others, and how do we do that? We do it by trying to produce products and services that our customers will value more than their alternatives, and not just their alternatives today, but what the alternatives will be in the future. We try to more efficiently use resources than our competitors, and constantly improve in that, and we try to do the best job we can in creating a safe environment, and environmental excellence, and constantly improve at that.