I'd Be Bored To Death If I

Without A Doubt, Stem Cell Research Will Lead To The Dramatic Improvement In The Human Condition And Will Benefit Millions Of People.

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.

To Me, Money Is A Means To Do Good. I Reached A Point In My Life Where I Had Enjoyed Tremendous Business Success That Afforded My Family Everything We Could Possibly Want. My Wife And I Then Decided That We Could Use Our Wealth To Make A Difference. So We Created The Broad Foundations To Do Four Things: To Improve Urban Public Education, To Support Innovative Scientific And Medical Research, To Foster Art Appreciation For Audiences Worldwide And To Support Civic Initiatives In Los Angeles.

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 Inability To Delegate Is One Of The Biggest Problems I See With Managers At All Levels.