I think over any period of time, especially if you don't use leverage, it is difficult to continually beat the S&P 500.
Eli BroadThe biggest barrier we've seen to student progress is this: School policies and practices often prevent good teachers from doing great work and even dissuade some talented Americans from entering the profession. This needs to change.
Eli BroadMost museums - with all their burdens to pay for exhibitions, administration, and security - really don't have any money really to acquire art, with few exceptions.
Eli BroadCharity is just writing checks and not being engaged. Philanthropy, to me, is being engaged, not only with your resources but getting people and yourself really involved and doing things that haven't been done before.
Eli Broad