John D. Rockefeller apparently became more of a tightwad the richer he got. I don't know if it is true, but one story I read was about one of his sons having to wear his older sister's clothes in order to save money.
I agree with people like Richard Dawkins that mankind felt the need for creation myths. Before we really began to understand disease and the weather and things like that, we sought false explanations for them. Now science has filled in some of the re...
I once drove a pair of horses from New York to Vicksburg, and to this day I can almost map out that country as I saw it then, with its hills and valleys, villages and rivers. Yes, I naturally attribute something of my success in railroad building to ...
We opened the first Men's Wearhouse in Houston in August 1973, then a store a year for 10 years in Texas. In the early 1980s I opened a store in the San Francisco Bay Area. Within the year, the Texas economy was in total disarray. We were facing Chap...
Why should a financial engineer be paid four, four times... to a hundred times more than the, uh... real engineer? A real engineer build bridges, a financial engineer build, build dreams. And when those dream turn out to be nightmares, other people p...
We have never considered our brand superior or inferior to any other one, and we have never spoken about our work in comparison to anyone else's. We are ourselves; we have never had the presumption to please everyone, but we believe in the utmost lib...
The general manager is kind of like the step into darkness when you reach the top of the league. As GM, you're responsible for everything, including the maitre d's and the sommeliers - all these people who have their own agendas. But you probably mak...
I developed acne when I was about 19, at the beginning of my modeling career. I didn't have the huge cystic-type of acne, but a lot of little bumps all over my face. They were small, but you could see them in photographs. You can't have acned skin an...
Hire people who are smarter than you, and don't be afraid to work with them as partners. Make it clear that you plan to learn from them, not just the other way around. The right, smart, motivated people respond very well to that approach, particularl...
My mum brought me to my first job when I was 12. I started electrical work at her plant. She was an engineer, a technical expert, at one of the plants in the south, and in the summer she brought me in and I learnt how industrial things work: casting,...
At LVMH, we have amazing heritage brands, and we put interesting talents in those brands, sometimes very young, like we did at Givenchy with Riccardo Tisci at the time, or like we just did with J.W. Anderson at Loewe, but also talents that are alread...
The three short years I spent at Harvard, where I lived with excellent people, taught me not only that I must know how to choose my partners but also that choosing excellent partners is a skill you can learn. Obviously, when you spend time with the b...
I do spend really focused time with my wife, my kids, grandkids, and so when I'm doing something or on a golf course, work has stopped. I'm not always thinking and working... I think a leader has to really be a balanced, whole and healthy person pers...
I made a lot of money. I earned a lot of money with CNN and satellite and cable television. And you can't really spend large sums of money, intelligently, on buying things. So I thought the best thing I could do was put some of that money back to wor...
There was a Gallup poll that said something like 70 percent of people in the United States do not enjoy their job - they work to put food on the table and get insurance to survive. So, what happens when technology can do all that work for us and allo...
One of the first gardens I did outside the family was for the designer Hattie Carnegie. I was 23 then, and I went to her salon, but could not afford any of her dresses myself, though I loved them. Miss Carnegie suggested I do a garden in exchange for...
I think, in a lot of places, the solar panels are a badge of honor; they're trendy. If you go to Hawaii or Japan, people even install fake solar panels because it's cool and it's popular. And so I think solar panels have gotten a lot more attractive....
The guy keeps making speeches about redistribution and maybe we ought to do something to businesses that don't invest, their holding too much money. We haven't heard that kind of talk except from pure socialists. Everybody's afraid of the government ...
For me, not owning a car means I may spend a little extra time on public transportation, but I can use that time to read, catch up on work projects, and make the phone calls I couldn't get to earlier. Plus, I never waste time at the mechanics or gas ...
I was one of the first to read the 'ER' script and the good news is George Clooney still gives me credit for helping to launch his career. I had George Clooney under contract for four years in a row before 'ER' happened. He's one of the few who remem...
I like to bring people together so we don't waste opportunities and resources and keep doing the wrong things when we know better. Corporate America makes great things and things that can hurt us. They have to be part of the solutions. There's nothin...
