If you can stare hard at your problems, they almost always shrink or disappear, because you almost always find a better way of dealing with them than if you don't face them head on. The more difficult the problem, the more important it is that you stare at it and deal with it.

The world is still in deleveraging.

If you can stare hard at your problems, they almost always shrink or disappear, because you almost always find a better way of dealing with them than if you don't face them head on. The more difficult the problem, the more important it is that you stare at it and deal with it.

That's what I mean by radical truth. I mean accepting reality.

I don't think individual media outlets will regulate. There are such things as self-regulatory organizations that will look at the members of the industry and their behavior and establish standards of behavior.

I think so many people are reactive... they see things in a short term way they're right up against it.

Principles are what allow you to live a life consistent with those values. Principles connect your values to your actions.