A lot of what I do is running businesses rather than buying stocks. My worst decision is probably when I know I have the wrong chief executive running the business, and I keep on waiting to make the difficult decision of replacing him.

I'm a former governor, and so I was the chief executive, and when the legislature wasn't in session, I was running the state.

Don't blame the marketing department. The buck stops with the chief executive.

We consider ourselves to be in the executive performance business. Most of our members are their company's chief decision makers. The concept is that it enables members to have access to a broader perspective that raises their ability to be a better leader and make better decisions.

I was the chief executive once, I've been there. My recommendation to anybody is don't go backwards.

I accept that responsibility and ask only that I be judged by my performance as its chief executive.