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" Nowadays, anyone who cannot speak English and is incapable of using the Internet is regarded as backward. "
Al-Waleed bin Talal
Internet
Cannot
Who
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" Some countries, like Saudi Arabia, where the population growth is very high, whereby you don't have the mortgage low yet. Still the demand outstrips supply by much. "
Al-Waleed bin Talal
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" I'm not panicking, and I'm not scared, I've been through the Gulf War, the Asia crisis, and the Russian crisis. "
Al-Waleed bin Talal
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Through
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" Well, you know, News Corp is the only real media global - that has a global presence that's involved in TV production, in movies, in publishing, in newspapers, digital media, et cetera. So for a company like that to function, clearly it does not depend only on Rupert Murdoch or James Murdoch. "
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" So, if you look at what's common among some of the companies I have, including the Four Seasons, NewsCorp, George V, the Plaza, these are all irreplaceable brands in their own fields. "
Al-Waleed bin Talal
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" No company should depend on one person no matter how that person is smart or genius, whether it's Apple or News Corp, or Citibank or any other company in the world. "
Al-Waleed bin Talal
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" The lesson is that, No. 1, this management has to be at the highest class possible. No. 2, they have to have a succession plan. "
Al-Waleed bin Talal
Plan
Class
Highest
" I'm telling you, you can't compare Saudi Arabia to other countries. "
Al-Waleed bin Talal
Countries
Telling
You
" You know, in Saudi Arabia, there is a body of 40 people - 34 people exactly, that once the succession comes, they will meet and they will elect a king in there. "
Al-Waleed bin Talal
Meet
You
People
" But each country has to advance and move at its own speed. "
Al-Waleed bin Talal
Country
Own
Advance
" You cannot play with fire. "
Al-Waleed bin Talal
Cannot
Fire
Play
" We're getting hurt, but I'm a long-term investor. "
Al-Waleed bin Talal
Hurt
Getting
Long-Term
" Saudi Arabia has stability. The social contract and the political contract between the king and the rulers and the royal family and the ruled people in Saudi Arabia is very strong and the bondage is so solid. "
Al-Waleed bin Talal
People
Strong
Political
" Ethics to me is very important. "
Al-Waleed bin Talal
Ethics
Important
Me
" Actually, King Abdullah, under his supervision and guidance, has established a dialogue in Saudi Arabia whereby all the population, whether Shiite or Sunnis from north, south, west or east, they can get together and exchange their views. "
Al-Waleed bin Talal
Together
King
Guidance
" The issue of Palestine has been there since more than 60 years. But more important since 1967 when the war was, ended in the defeat of some Arab countries. "
Al-Waleed bin Talal
Defeat
More
Important
" In Riyadh, there's going to be a huge project that will house at least 12,000 units with inhabitants of approximately 150,000 people. It's like a city within a city. "
Al-Waleed bin Talal
People
City
Will
" If the United States has to accept the U.N. resolutions, we have to generalize it across the board. We can't just pick and choose where we impose and accept the U.N. resolution and don't accept them. U.N. Resolution 242 is very clear and states very clearly that Israel has to go back to the borders of the pre-war of 1967. "
Al-Waleed bin Talal
Back
Choose
Accept
" I believe Twitter, right now, is just finishing the venture capital phase, getting into a maturity level. "
Al-Waleed bin Talal
Right
Believe
I Believe
" King Abdullah is a reformer. "
Al-Waleed bin Talal
King
Reformer
" The legacy of Steve Jobs and the strength of Steve Jobs is that he established a company that's clearly firing on all cylinders and clicking very well. "
Al-Waleed bin Talal
Well
Legacy
Jobs
" You know, Saudi Arabia has a lot of poverty also. Regardless about what you hear about the viceroy and people being rich, et cetera. "
Al-Waleed bin Talal
Know
Hear
You
" One of my biggest personal holdings is Rotana. That company has a very dominant force in the Middle East. It has around 45% of all the movie industry and around 75% of all the music. "
Al-Waleed bin Talal
Force
Middle
Music
" Well, clearly Apple is a role model of the American innovation whereby it produced all these products - iPod, iPhone, iPad - that are really now dominating all the technology arena in the world. "
Al-Waleed bin Talal
Technology
World
Apple
" If I'm going to do something, I do it spectacularly or I don't do it at all. "
Al-Waleed bin Talal
Something
Going