American - Businessman | June 6, 1933 -
There were periods when the art market got overheated, but there is no reason it should appreciate dramatically.
Eli Broad
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I am old enough to remember when America's K-12 public schools were the best in the world. I am a proud graduate of them, and I credit much of my success to what I learned in Detroit Public Schools and at Michigan State University.
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Frankly, I'm not sure how far I would get if I attended public school today. It's not just that public schools aren't producing the results we want - it's that we're not giving them what they need to help students achieve at high levels. K-12 education in the United States is deeply antiquated.
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School district policies and practices have not kept pace with student and teacher needs.
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You always learn lessons in business.
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I could live anywhere in the world I want. But Los Angeles is the place to live.
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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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In America, what you've accomplished financially is a measurement, whether you like it or not.
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I believe that a newspaper is a great civic asset and that ownership is best in the hands of foundations or wealthy families that want to own it for reasons other than maximizing profits. I also believe newspapers should remain in local hands.
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Anything I do, I spend a lot of time. I do it with passion and intensity. I want to be in charge.
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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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Being a Midwesterner, I know that many of the middle-class manufacturing jobs that had been at the heart of our economy are either gone or going, and they're not coming back.
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