Greenmail, in case you're wondering, is when a company pays a raider a premium for his holdings-if he'll go away. What I think it really is is blackmail in a pin-striped suit.

Here's what management is about: Pick good people and set the right priorities.

The ability to concentrate and to use your time well is everything if you want to succeed in business--or almost anywhere else for that matter.

It's a good thing god doesn't let you look a year or two into the future, or you might be sorely tempted to shoot yourself.

A good deal is a state of mind.

In business, I loved cars. I couldn't wait to get to work in the morning. Only in America can you decide to get a good education and pursue what you like.

If you own up to your mistakes, you don't suffer as much. But that's a tough lesson to learn.