I believe that a newspaper is a great civic asset and that ownership is best in the hands of foundations or wealthy families that want to own it for reasons other than maximizing profits. I also believe newspapers should remain in local hands.
Most museums - with all their burdens to pay for exhibitions, administration, and security - really don't have any money really to acquire art, with few exceptions.
The first thing I started collecting was stamps. Until I started discovering girls. That was the end of stamps.
Without a doubt, stem cell research will lead to the dramatic improvement in the human condition and will benefit millions of people.
I can't think of another enterprise other than being a homeowner that can't have its debt restructured in bankruptcy. Corporations can but a homeowner can't? Now with securitization the homeowner can't go to the owner of the loan and work things out.
I am old enough to remember when America's K-12 public schools were the best in the world. I am a proud graduate of them, and I credit much of my success to what I learned in Detroit Public Schools and at Michigan State University.
Museums do not share their collections with other museums unless they get something in exchange. The Metropolitan will deal with the Louvre, but will they send their stuff to Memphis? No.
I don't see myself as a great discoverer of artists, like Charles Saatchi.
The first dream I had was just to get a college education. I got through college in three years, taking extra classes in summer school.
There were periods when the art market got overheated, but there is no reason it should appreciate dramatically.
In high school, I would drive my teachers batty. They would make a statement, and I would say, 'Why is that?' They didn't want to be questioned.
School boards are, for the most part ,made up of political wannabes who see a board seat as a stepping stone for political office, or well-meaning parents who represent an ethnic group or geography, or have some other narrow interests. Few people on them understand what governance is about.
I don't think the market can keep going up. In the U.S., we see real estate not going up.. houses are selling at lower prices. You can't have anything going up 10 percent to 20 percent to 30 percent indefinitely.
I think over any period of time, especially if you don't use leverage, it is difficult to continually beat the S&P 500.
I don't think it makes any sense for an individual to invest in common stocks unless they know the company, work at the company, and so on.
How absurd that our students tuck their cell phones, BlackBerrys, iPads, and iPods into their backpacks when they enter a classroom and pull out a tattered textbook.
I don't want to be in the film business. I'm not even sure it's a business.
You always learn lessons in business.
I learned to embrace risk, as long as it was well thought out and, in a worst-case scenario, I'd still land on my feet.
