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'd rather be respected than loved.

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.

While I am proud of a number of accomplishments, there are real costs to being unreasonable. Long hours. Too little time with family. A near incapacity for, as they say, stopping and smelling the roses.

Without a doubt, stem cell research will lead to the dramatic improvement in the human condition and will benefit millions of people.

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.

People always say congratulations. When you're a successful bidder it means you're willing to spend more money than anyone else. I'm not sure if that's congratulations or condolences.