Frankly, I'm not sure how far I would get if I attended public school today. It's not just that public schools aren't producing the results we want - it's that we're not giving them what they need to help students achieve at high levels. K-12 education in the United States is deeply antiquated.

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.

For businesses to be successful, they need to constantly ask the question: how can we provide value to our customers? At the end of the day, that is what matters.

I'd rather be respected than loved.

My wife was the first art collector in the family, and I didn't become interested until around 1973. The first important artwork we bought was a Van Gogh drawing of two peasant houses in Saintes-Maries-de-la-Mer.

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

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