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“Oh, it was awful, and I vowed to myself I would never, ever push myself to the edge that much again. It was really frightening. Because absolutely everything seemed to be impossible to deal with, just little things became major - noise, if someone had a radio on, or even the sound of traffic, or being in someone's company for longer than 10 minutes - I started to find it all too much.”

“Now, the United States' response, the western response to this is a continuation of the appeasement that was started back in the '50s with Eisenhower when Iran seized western oil companies. The Americans, the British, and the Israelis, as I remember, launched an attack to try to reclaim it and - or at least the British and the Israelis did and Eisenhower vetoed it.”

“Advertising is the best insurance that you can take out on your business. You can buy fire insurance on your stock of goods, but no company will issue a policy covering your business, the good will as they sometimes call it. You must insure yourself, and the best way to do it is by advertising. Good advertising kept up for a number of years gives you something that no fire can take away.”

“No music. No rituals. At home I write in my office or on the laptop in the kitchen where our puppy likes to sleep, and I love his company. But I've trained myself to be able to work anywhere, and I write on trains, planes, in automobiles (if I'm not the driver), airports, hotel rooms. I travel often. If I couldn't write wherever I was I would get little done. I also can write in short bursts. Fifteen minutes are enough to move a story forward.”

“As for the employees, the payment in stock options revives, somewhat ironically, the old anarchist ideology of self-management of the company, as they are co-owners, co-producers, and co-managers of the firm.”

“With joint-stock corporations, investors can place bets on the success of many different companies, without having to play a central management role in any one of them. This allows investors to diversify their financial holdings. It also allows them to capture profits on their investments, without having to get involved in the dirty, troublesome business of actually running a company.”

“When private industry makes a mistake, it gets corrected and goes away. As governments make mistakes, it gets bigger, bigger and bigger and they make more, more and more because as they run out of money, they just ask for more and so they get rewarded for making mistakes. In the meantime that is exactly what we are doing by subsidizing companies which are failing, we have a reverse Darwinism, we've got survival of the unfittest, the companies and people that have made terrible mistakes are being rewarded and other people are being punished and being taxed.”

“Today, no one would dispute that information technology has become the backbone of commerce. It underpins the operations of individual companies, ties together far-flung supply chains, and, increasingly, links businesses to the customers they serve. Hardly a dollar or a euro changes hands anymore without the aid of computer systems.”

“In the long run, though, the greatest IT risk facing most companies is more prosaic than a catastrophe. It is, simply, overspending. IT may be a commodity, and its costs may fall rapidly enough to ensure that any new capabilities are quickly shared, but the very fact that it is entwined with so many business functions means that it will continue to consume a large portion of corporate spending.”

“I believe that space travel will one day become as common as airline travel is today. I'm convinced, however, that the true future of space travel does not lie with government agencies -- NASA is still obsessed with the idea that the primary purpose of the space program is science -- but real progress will come from private companies competing to provide the ultimate adventure ride, and NASA will receive the trickle-down benefits.”

“I have been accused of being ignorant of economics (although I am the founder and Chairman of the Board of a company which publishes seven professional economic newsletters), of being ignorant of sociology (although I am trained in sociology and was C. Wright Mills' research assistant at Columbia), of being unable to use statistics (although I earned my living as a professional statistician for five years) and of ignoring political factors (although all my graduate training was in political science).”

“Northleaf is delighted to have been chosen to manage the new fund. We look forward to implementing the fund's long-term strategy of constructing a portfolio of high-potential venture capital funds with the scale and resources to execute their plans, support successful high-growth companies and deliver world-class returns.”