Focus alone is not enough; putting in the time to commit is also crucial to achieve success.

I would push purchasing power - you push out $1,000 of purchasing to those people, it's going to get - it's going to get spent. And it needs to be spent. They need it. And it should come, to some extent, from guys like me.

The truth is, everything that has happened in my life... that I thought was a crushing event at the time, has turned out for the better.

If you lose money for the firm, I will be forgiving. If you lose reputation, I will be ruthless.

I understand Goldman Sachs businesses. We do lot of business with him, and GE has been - I think it's the longest running stock in the Dow Jones industrial average. It will be 100 years now it will be around. I hope I'm around then, too. And it was an attractive investment. And we have had a lot of money around, over the last two years, and we're seeing things that are attractive now.

We can afford to lose money - even a lot of money. But we can't afford to lose reputation - even a shred of reputation.

Well, it may be all right in practice, but it will never work in theory