Do your homework and know your business better than anyone. Otherwise, someone who knows more and works harder will kick your ass.

The new moron in town is Chad Ford of ESPN.com.

It doesn't matter how many times you fail. It doesn't matter how many times you almost get it right. No-one is going to know or care about your failures, and neither should you. All you have to do is learn from them and those around you. All that matters in business is that you get it right once. Then everyone can tell you how lucky you are.

If you really want to know where your destiny lies, look at where you apply your time.

Just watch. Pigs get fat, hogs get slaughtered. When you try to take it too far, people turn the other way. I'm just telling you, when you've got a good thing and you get greedy, it always, always, always, always, always turns on you. That's rule No. 1 of business.

I'm not against government involvement in times of need. I am for recognizing that big public companies will continue to cut jobs in an effort to prop up stock prices, which in turn stimulates the need for more government involvement.

Because if you're prepared and you know what it takes, it's not a risk. You just have to figure out how to get there. There is always a way to get there.