I think over any period of time, especially if you don't use leverage, it is difficult to continually beat the S&P 500.

I learned to embrace risk, as long as it was well thought out and, in a worst-case scenario, I'd still land on my feet.

Managers are responsible for setting workplace policies under which teachers can succeed. Managers are responsible for negotiating contracts that create the conditions under which teachers can succeed.

There were periods when the art market got overheated, but there is no reason it should appreciate dramatically.

I have always believed that every great city in history needs a vibrant center.

The inability to delegate is one of the biggest problems I see with managers at all levels.

I'd be bored to death if I spent all my time with other businesspeople, bankers and lawyers.