Today the patent office is obsolete. You just take whatever you do, tool up, and start production for six months. At the end of the six months you put the data on all the computer inputs all over the world and you got your business. You can make all your money, and then people can steal it, but by then it doesn't matter because you've made the money up front and you avoid wasting money in lawsuits. [My father] had all these kinds of ideas years ahead of others.
Paul Laffoley[My father] had this quirky thing of not believing in gravity. And giving me a constant headache about that one. He would say if I showed any interest in gravity, I was becoming a dupe of the system. He could see indications I was beginning to believe in it.
Paul Laffoley[My father] was a banker. He was the president of the Cambridge Trust Company, the head of the trust department, and he taught classes at the Harvard Business School. And he was a member of the Harvard Faculty Club, which I am, too, because what I did is... I have the same name as my father, only Jr.
Paul LaffoleyI would be constantly brought up on the carpet by these teachers who were brought up with Abstract Expressionism, saying, "You're too uptight, you're not expressing yourself, why don't you feel freer?" I said, "Well, I don't like that stuff. It means nothing to me."
Paul Laffoley