Inactivity strikes us as intelligent behavior.

A CEO's behavior has a huge impact on managers down the line.

When people tell me they've learned from experience, I tell them the trick is to learn from other people's experience.

It's just that right now the athlete's on the floor. But we - this is a super athlete.

I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.

People always should know better. People don't get - they don't get smarter about things that get as basic as greed.

Too often, executive compensation in the U.S. is ridiculously out of line with performance. That won't change, moreover, because the deck is stacked against investors when it comes to the CEO's pay. The upshot is that a mediocre-or-worse CEO - aided by his handpicked VP of human relations and a consultant from the ever-accommodating firm of Ratchet, Ratchet and Bingo - all too often receives gobs of money from an ill-designed compensation arrangement.