And the Russians certainly don't have it. If a woman shows up in a fur coat, I just assume she's a crook. And that's me, the nice American. The assumption that you can't make money honestly is a killer.

I believe in markets doing what they do well, which is to develop technology, and letting citizens do what they ideally do well, which is to set policy.

Don't leave hold of your common sense. Think about what you're doing and how the technology can enhance it. Don't think about technology first.

The best investor is your customer.

From the business point of view—not to overstate it—intellectual property is dead; long live intellectual process. Long live service; long live performance.

Having seen a non-market economy, I suddenly understood much better what I liked about a market economy.

People have to understand that they can reject technology. They can turn off their cell phone. They can stop looking at their e-mail. It's there if they want it. It's not being forced on them.