It's one of the most important things at the end of the day, being able to say no to an investment.

If you build that foundation, both the moral and the ethical foundation, as well as the business foundation, and the experience foundation, then the building won't crumble.

I was an economics major in college, and every summer after school, I would drive my car from California, from Claremont men's college at the time, to New York. And I worked on Wall Street.

If you don't have integrity, you have nothing. You can't buy it.

A real entrepreneurs who do not need protection nets underneath

I always like to refer managers in corporate America as the renters of the corporate assets, not the owners.

We've got a portfolio of companies that range all the way from hotels to television stations and cable TV companies, oil and gas, consumer products, and industrial products. If there's anything that I want to know more about, I have the opportunity. It's right in our portfolio. I can spend time at the factory or with the manangement and learn as much as I want. You can't get bored doing that.