There is no perfect mathematical formula for pricing a business.

We've got more productive capacity now than we ever have.

I'd rather have a $10 million business making 15 per cent than a $100 million business making 5 per cent.

With enough insider information and a million dollars, you can go broke in a year.

If I taught a class, on my final exam I would take an Internet company and ask, 'How much is this company worth?' Anyone who would answer, I would flunk.

You have to be able to communicate in life and probably schools underemphasize that. If you can't talk to people or write, you're giving up your potential.

I've read about all the sales today. If you're an auto dealer, you're feeling it. If you're a furniture retailer like we are, you're feeling it. If you're a jewelry retailer, you're feeling it. I know some of these businesses because we're in them. Yeah, it's being felt, but it will be felt big time more if we don't do something about it, what's going on.