My son first wanted to go to Stanford, which I thought was O.K. The weather is pretty good, and it's a fairly short drive to the beach. But it wouldn't be as good as let's say, Pepperdine, which is in Malibu. And he said, 'Dad, what about the education?' I said, 'Clearly, I failed as a parent.'

Bill Gates is the pope of the personal computer industry. He decides who's going to build.

Americans no longer look to government for economic security; rather, they look to their portfolios.