You can't always wait for the guys at the top. Every manager at every level in the organization has an read more

You can't always wait for the guys at the top. Every manager at every level in the organization has an opportunity, big or small, to do something. Every manager's got some sphere of autonomy. Don't pass the buck up the line.

The hotel business is on fire. I mean, you look at every major city, and the Four Seasons continues to read more

The hotel business is on fire. I mean, you look at every major city, and the Four Seasons continues to widen its gap over Ritz-Carlton and other premium brands that are out there. But the reality is, you know, the stock is trading at a huge valuation multiple, over 20 times cash flow.

I think one of the interesting things about poker is that once you let your ego in, you're done for.

I think one of the interesting things about poker is that once you let your ego in, you're done for.

We don't even know their last name, but we know they have lost everything,

We don't even know their last name, but we know they have lost everything,

Some excitement is warranted, but the question is, how much? Either the stock is correct in that the recovery and read more

Some excitement is warranted, but the question is, how much? Either the stock is correct in that the recovery and earnings are going to be faster than analysts like me have predicted, or we're going to see the stock grind lower to a more sensible level in the next few months.

He didn't deny anything. He said, ' I'm sorry. ' When you weather a crisis well, it can actually help read more

He didn't deny anything. He said, ' I'm sorry. ' When you weather a crisis well, it can actually help you. Right now is if I had a contract with him, I'd be thinking about using him more.

We want to encourage third-party developers who will take the architecture and modify the design to suit specific markets.

We want to encourage third-party developers who will take the architecture and modify the design to suit specific markets.

We didn't budget enough in salaries and we had a shortfall in state and local revenues.

We didn't budget enough in salaries and we had a shortfall in state and local revenues.

The acquisition is significant because it contains stunning ancient redwood trees in an area of the redwood range where there read more

The acquisition is significant because it contains stunning ancient redwood trees in an area of the redwood range where there is relatively little old growth left.