One, I love the creativity. I love the ability to create a capital structure that is appropriate for a company, no matter what field it happens to be in.

I love the ability to work with very good managers, and to provide the right incentives for them, and truly become a partner with that management, and make that management take a long view.

As I said there is nothing wrong with failing. Pick yourself up and try it again. You never are going to know how good you really are until you go out and face failure.

The trouble, in my opinion, with corporate America today, is that everything is thought of in quarters.

But once you buy a company, you are married. You are married to that company.

Whales who come up and spout off get harpooned.

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.