Maurice Saatchi cultivated the press instead of the clients.

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

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.

Whereas Toyota is the world leader in autos from an operational perspective, they are still a laggard in terms of running the business for the owners. They do not appear to care about maximizing shareholder value.

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