At the time we acquired Viacom, everyone said I had overpaid. But even at today's depressed prices, that investment is worth billions. Everyone was saying MTV was a fad. I knew better.
I will believe in the 500-channel world only when I see it.
The information superhighway is a dirt road that won't be paved over until 2025.
Opportunity does not knock. You have to find it
Great success is built on failure, frustration, even catastrophe.
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.