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Collecting is more than just buying objects.
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The happiest people I've found are in science. These people have three times the IQ - maybe I'm exaggerating. They have a higher IQ than I do. They love what they're doing, they have a good family life, they're satisfied.
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I've got a big ego, I admit it; I'm ego-driven.
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Charity is just writing checks and not being engaged. Philanthropy, to me, is being engaged, not only with your resources but getting people and yourself really involved and doing things that haven't been done before.
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Philanthropy is activism.
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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.
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My family and I have been blessed with good fortune in the world of business. We've created quite a net worth. My children, two boys, have more money than they will ever need, and they aren't empire builders.
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School district policies and practices have not kept pace with student and teacher needs.
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Unfortunately, the boards of art institutions tend to be populated with well-meaning supporters of the arts who often lack any business background or appetite for imposing appropriate discipline.
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You can have great teachers, but if you don't have a good principal, you won't have a good school.
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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.
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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.
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The inability to delegate is one of the biggest problems I see with managers at all levels.
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I'm strong-willed. Architects are strong-willed. You get the best results with a strong client and a strong architect working together.
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For businesses to be successful, they need to constantly ask the question: 'How can we provide value to our customers?' At the end of the day, that is what matters.
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It's critical that states improve how teachers are trained, recruited, evaluated, compensated, advanced, and retained.
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I've become convinced that Los Angeles is going to become the next contemporary art capital - no other city has more contemporary gallery space than Los Angeles. We've come into our own, finally.
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I think over any period of time, especially if you don't use leverage, it is difficult to continually beat the S&P 500.
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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.
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Every artist is unreasonable, because he or she is doing something that hasn't been done before.
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I don't want to be in the film business. I'm not even sure it's a business.
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The unions no longer control the education agenda of the Democratic Party.
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I'm naturally curious, and I read four newspapers a day.
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Teach For America provides one of the most critical pipelines for bringing new talent into public education.