Murdoch paid too much for the Wall Street Journal even when he didn't have any competition.

In order to succeed, you have to live dangerously.. as long as the danger is rationally accepted and as long as the rewards far outweigh the risk.

We need to listen to consumers' needs

The newspaper is dying. I'm not sure there will be newspapers and its one business I'd never be in

It was always tough, but today we are in the throes of something we have never seen in our history. It's clear in recent times the market is looking for a bottom.

One doesn't accept bad challenges. Part of it is always the risk-taking without seeing that the risks are rational and the rewards are commensurate.. are more than commensurate.. with the risks.

Murdoch paid too much for the Wall Street Journal even when he didn't have any competition.