Good ideas need good strategy to realize their potential.

During normal times or boom times, there are some parts of the business that are going to so well, that that can cover for weakness and other parts of the business. What happens during recessions, is you have less windfalls just helping you cover mistakes. You have to be more careful about not making mistakes.

It's very conventional to say that you're a contrarian these days.

All human beings are entrepreneurs.

The CEO's job is always about leadership. It's about leadership in a vision, in terms of where you're going, it's about making sure that you have the right organization and staff, and that you have kind of clearly communicated what some of the plays are and what some of the goals are in terms of the business and how do you organize together in order to make that happen.

What is an entrepreneur? Someone who jumps off a cliff and builds a plane on the way down.

I wish to be focused on kind of the business stuff I'm doing, how do I contribute to our economic progress, how do I help create a future for American industry, American middle class, these kind of things. Those things actually really matter to me.