Take Wrigley's Chewing Gum. I don't think the Internet is going to change how people chew gum.

[People] have seen the credit market seize up. They're worried about money market funds, although the latest proposition from government should take care of that. They've seen eight percent of the bank deposits in the United States get moved very skillfully, I might say, within the last couple of weeks from institutions that they thought were fine a few months ago to other institutions. They are not wrong to be worried.

I would say the biggest single cause was we had an incredible residential real estate bubble.

The extraordinary business does not require good management.

My friends and I have been coddled long enough by a billionaire-friendly Congress.

Is management rational?

I would say that life at 84, I am having as much fun as I've ever had in my life. I mean I get to do what I love every day with the people I love-and it just doesn't get any better than that.