The shareholders have done very well since he left. We probably tripled our original investment over seven years.

Europe has done well, so they are all in Europe. We believe our shareholders pay us to make investment decisions. They don't pay us to look like the index.

What changed my mind about getting a doctorate is the university stressed research over teaching. I wanted to teach.

It's real hard for us to think that it's anywhere near a sell.

Maurice Saatchi cultivated the press instead of the clients.

Managers, instead of following their convictions, are following the crowd. There is a herd instinct.