People always ask me where they should go to work, and I always tell them to go to work for whom they admire the most.

I certainly have no desire to sell a good controlled business run by people I like and admire, merely to obtain a fancy price. However, specific conditions may cause the sale of one operating unit at some point.

Yeah, we don't consider many stupid things. I mean, we get rid of 'em fast...Just getting rid of the nonsense -- just figuring out that if people call you and say, 'I've got this great, wonderful idea', you don't spend 10 minutes once you know in the first sentence that it isn't a great, wonderful idea...Don't be polite and go through the whole process.

I lose confidence in other people, all kinds of institutions.

Your premium brand had better be delivering something special, or it's not going to get the business.

Most business mistakes are irreversible setbacks, but you get another chance. There are two things in life that you don't get another chance at - marrying the wrong person and what you do with your children.

It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.