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Profitability is coming from productivity, efficiency, management, austerity, and the way to manage the business.
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There are people who are good for letters and others that are good for numbers.
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I don't have business with any politicians.
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Our philosophy is you need to give nonprofit money for health, nutrition, education, culture, and sports.
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We think that in Mexico, online trading of shares and financial instruments is not going to be as important as it is in the U.S. On days that there is a banking holiday in the U.S., you hardly see any movement here on the stock exchange.
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Low interest rates are a big opportunity for investment. But the issue is that this money should go to the real economy, not the financial economy.
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My parents weren't artistic, but I was always surrounded by beautiful things. And Mexico is a country which has experienced thousands of years of art and culture.
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CompUSA was a bad decision. We stayed too much with CompUSA, and we stayed too short with Apple.
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The biggest things in life are not materials.
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At 25, I made many companies. I was thinking more like a businessman or entrepreneur than a CEO. I created many companies, small companies, medium companies. I tried to be involved in many kinds of activities, in finance, in real estate, in mining.
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How can you be on top of the things you do? I think when you are involved in a business, first of all you need to know the business. After that you know the business, you can - the numbers tell you what is happening. You can read with the numbers.
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We don't take anything when we pass away, and we need to do with the sense of responsibility.
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I studied engineering in the national university, the Universidad Autonoma, in San Ildefonso. There is art everywhere, murals on the walls. It's beautiful.
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Well, when I was very young, maybe 12 years, I began to make investments.
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The artistic part of us all - I think that the easiest way to appreciate this - is through architecture. Architecture is very impressive; the beauty of buildings, temples.
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If Wal-Mart invests a billion dollars and others invest $100 million, Wal-Mart is going to grow more.
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I love baseball. And American Football, too. But not rugby.
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You want to have a toy and another toy, and that's not maturity. The biggest things in life are not materials.
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We really think highly of the executives at SBC. And Microsoft is one of the great companies of the 21st century. It is in all of our best interests to work together. In this new wave of technology, you can't do it all yourself; you have to form alliances.
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My mother born in Mexico, but was Lebanese in origin. She born 1902 the same year my father arrived to Mexico when he was 14 years old.
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I studied engineering in the national university, the Universidad Autonoma, in San Ildefonso.
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It's important to give a better country to your children, but it is more important to give better children to your country.
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I buy companies for strategic reasons and operate them.
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You cannot make thousands of universities or hundreds of thousands of professors, but with technology and the Internet you can have great courses and make a digital university.