The only way you improve is to try new things.

We try to reward people according to the value they create, value they create in society and for the company.

First word [of my father] when I arrived [as a CEO] is, 'Son, i hope your first deal is a loser, otherwise, you'll think you're a lot smarter than you are.' But he had tremendous values, tremendous integrity, humility, work ethic and terrific thirst for knowledge.

If the legislation helps people improve their lives, then that's great because that's the ultimate goal of all of this.

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.

The essence of a university is free and open inquiry, and when it loses that it is no longer a university.

Innovation comes from recombining existing technology and different perspectives in innovative ways.