A successful business maximizes the present value of future earnings. The first requirement, therefore, of business success is sustainable profits. One-time winnings, in business as in casinos, are disappointing. We expect more from our investments than that.

People live up to your expectations, not their potential.

Ideals and morality are often spoken of as virtual antimatter to the behaviors allegedly needed to maximize profits.

Moral capitalism is possible; if not, its strictures are only a kind of misleading vanity, the rhetoric of a secular piety.

It's great to see the World Rowing Championships returning to U.S. soil for the first time in 25 years. I am even more excited that it will be taking place in my home state of Florida. Regardless of where my rowing career takes me, I am sure to be in attendance in Sarasota in 2017.

A successful business maximizes the present value of future earnings. The first requirement, therefore, of business success is sustainable profits. One-time winnings, in business as in casinos, are disappointing. We expect more from our investments than that.

We haven't figured out a way to get sensors that can discriminate between decoys and warheads. The technology doesn't exist yet.