Driving stock up from one day to the next is not what we are about. We are about building a good company and performing for the long term. I know everyone says that, that sounds trite when I repeat it that way, but that is and has always been our attitude about our business. If we do the right things, the stock price will take care of itself, and our shareholders will be rewarded.

In the final analysis, you get what you pay for.

You just can't get too focused on worrying about what's going to happen in the next quarter. You have to worry about where the business is headed long-term.

If you're going to say to all the people that you're working with, 'We want you to treat the customers honestly; don't lie and don't cheat,' it is somewhat hypocritical if you're not following the same rules.

Our attitude is that if you hire good people and pay them a fair wage, then good things will happen for the company.

I say at our management conferences that the amount Wal-Mart grows in just one year is the equivalent of Costco's size.

I think that most of the people running companies today are motivated and pay is a small portion of the motivation.