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" The first dream I had was just to get a college education. I got through college in three years, taking extra classes in summer school. "

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" People would rather have art or gold instead of paper money. "

" 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. "

" 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. "

" I'm naturally curious, and I read four newspapers a day. "

" I could live anywhere in the world I want. But Los Angeles is the place to live. "

" Artists rarely do the same thing over and over again. Art is about the new, doing things in a new way. "

" I believe in the democratization of the arts. What do I mean by that? I think museums, with some exceptions, have a responsibility to educate a much broader public. "

" I don't want to be in the film business. I'm not even sure it's a business. "

" A real collector does not sell. "

" 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. "

" Managers are responsible for setting workplace policies under which teachers can succeed. Managers are responsible for negotiating contracts that create the conditions under which teachers can succeed. "

" 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. "

" You don't support politicians in their elections if whoever's seeking money only has a goal to stay in office or get in office. You have to pick the people who are going to do the best job. "

" Time is the most valuable thing you have - and I'm not just talking about the minutes for which you're paid. "

" If you ask why I do what I do - I want to make a difference. I don't just want to maintain the status quo. I want to help people, to work with institutions or create ones when they don't exist. "

Make A Difference

" Civilizations are not remembered by their business people, their bankers or lawyers. They're remembered by the arts. "

" I think over any period of time, especially if you don't use leverage, it is difficult to continually beat the S&P 500. "

" The biggest barrier we've seen to student progress is this: School policies and practices often prevent good teachers from doing great work and even dissuade some talented Americans from entering the profession. This needs to change. "

" 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. "

" I'd rather be respected than loved. "

" I think the opera is one of the great cultural jewels of Los Angeles. "

" I've never been one who enjoys maintaining the status quo. I'm always pushing for new ideas, whether it's in business or philanthropy. "

" Anything I do, I spend a lot of time. I do it with passion and intensity. I want to be in charge. "

" I believe in two things: One, Andrew Carnegie said, 'He who dies with wealth dies in shame.' And someone once said, 'He who gives while he lives also knows where it goes.' "

" Collecting is more than just buying objects. "

" 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. "

" 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. "

" If people want to criticize me because it sells papers, that's fine. I just don't like it when it's inaccurate. "

" I never play golf because it takes too long, and the business connections it produces can be made just as easily over an early breakfast. "

" You can have great teachers, but if you don't have a good principal, you won't have a good school. "