Time is the most valuable thing you have - and I'm not just talking about the minutes for which you're paid.

Most 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.

How absurd that our students tuck their cell phones, BlackBerrys, iPads, and iPods into their backpacks when they enter a classroom and pull out a tattered textbook.

A lot of executives act like their time is worth more than anyone else's. But I always respect an employee who guards his or her time, even from me.

Museums do not share their collections with other museums unless they get something in exchange. The Metropolitan will deal with the Louvre, but will they send their stuff to Memphis? No.

I've never been one who enjoys maintaining the status quo. I'm always pushing for new ideas, whether it's in business or philanthropy.

Art evokes emotion. It doesn't have to be a thing of beauty.