You Always Learn Lessons In

You Always Learn Lessons In Business.

To Me, Money Is A Means To Do Good. I Reached A Point In My Life Where I Had Enjoyed Tremendous Business Success That Afforded My Family Everything We Could Possibly Want. My Wife And I Then Decided That We Could Use Our Wealth To Make A Difference. So We Created The Broad Foundations To Do Four Things: To Improve Urban Public Education, To Support Innovative Scientific And Medical Research, To Foster Art Appreciation For Audiences Worldwide And To Support Civic Initiatives In Los Angeles.

I Don't Think It Makes Any Sense For An Individual To Invest In Common Stocks Unless They Know The Company, Work At The Company, And So On.

There Is No Substitute For Knowledge. To This Day, I Read Three Newspapers A Day. It Is Impossible To Read A Paper Without Being Exposed To Ideas. And Ideas - More Than Money - Are The Real Currency For Success.

Time Is The Most Valuable Thing You Have - And I'm Not Just Talking About The Minutes For Which You're Paid.