But Once You Buy A Company, You

It's One Of The Most Important Things At The End Of The Day, Being Able To Say No To An Investment.

I Thought At The Time That I Wanted To Go Into Institutional Sales, Selling Stocks And Bonds To Institutions. In Those Days, Which Was The 1960s, The Institutional Salesman Was Making About $100,000 A Year. I Thought That Was Just An Enormous Amount Of Money.

I Was An Economics Major In College, And Every Summer After School, I Would Drive My Car From California, From Claremont Men's College At The Time, To New York. And I Worked On Wall Street.

As I Said There Is Nothing Wrong With Failing. Pick Yourself Up And Try It Again. You Never Are Going To Know How Good You Really Are Until You Go Out And Face Failure.

I Love The Ability To Work With Very Good Managers, And To Provide The Right Incentives For Them, And Truly Become A Partner With That Management, And Make That Management Take A Long View.