I have always focused on the bottom line.
Once we decided to do a tower in New York, it had to say something about our group, reflecting the mix of modernity and creativity in our organization. It’s a symbol.
When Ford sells a car, a dealer isn’t allowed to take out the engine and put a different one in. When a newsstand sells the Washington Post, no one can go to the newsstand and pay them to rip out the classified section and put their own classified section in – if they could, they would do so.
You cannot make a giant space company in your dorm room. Not today. And the reason is that the heavy lifting infrastructure isn’t in place.
Some companies out there quote a start of production that is substantially in advance of when customers get their cars.
I got an offer in 1992 to buy a major-league team. I turned down the offer because I don’t want my love of the game to involve business.
The golf facet of my life doesn’t go with the rest of my life, which is a rough-and-tumble life. I work in real estate development, which is the toughest business, and I do it in the toughest city. I deal with ruthless people.
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