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 BroadArtists rarely do the same thing over and over again. Art is about the new, doing things in a new way.
Eli BroadTo me, money is a means to do good. I reached a point in my life where I had enjoyed tremendous business success that afforded my family everything we could possibly want. My wife and I then decided that we could use our wealth to make a difference. So we created the Broad Foundations to do four things: to improve urban public education, to support innovative scientific and medical research, to foster art appreciation for audiences worldwide and to support civic initiatives in Los Angeles.
Eli Broad