You never want to think the best things are in the past. You want to get yourself to believe that the best things are going to be in the future.

I wonder how many people would have thought at the end of World War II that the capitalist system would be one that was meeting the challenges and making things better for people as we approach the 21st century.

If we build something great, like we have at Travelers Group so far, a whole host of people benefit.

So it's the kind of business where you can't wait to get up in the morning and read the papers, or listen to what's on the news, and you know, how the world's going to change.

One of the people that I respect the most now, a person I think has done a heck of a lot for this world as a leader, is Margaret Thatcher. She helped create a world that offers us a lot of excitement as we look to the next century.

And when we used to play and fight in the streets in Brooklyn and I would get hurt or something, my mother would always come out and save me. So that sort of postponed the inevitable about getting a good beating, without having somebody to come and save you.

And learn that when you do make a mistake, you'll surface that mistake so you can get it corrected, rather than trying to hide it and bury it, and it becomes a much bigger mistake, and maybe a fatal mistake.

I would say that my parents were supportive of me.

I think life is sort of like a competition, whether it's in sports, or it's achieving in school, or it's achieving good relationships with people. And competition is a little bit of what it's all about.

The whole financial industry is consolidating in the United States.

Learn how to be a loser, because it's important to be a loser to be a winner.

I've been involved with Carnegie Hall for the last 13 years, and Chairman for the last six. I feel really good about what we've done growing our educational programs there, building a board that has made Carnegie Hall really a world-class institution.

From the business point of view, always encouraging the people in our company to own stock in the company, and if we're going to build something great, to have a lot of people share in the benefits of that greatness.

A lot of people at Shearson ended up making a lot of money because they had stock or stock options. Their kids were able to go to college, and it changed a lot of people's lives.

What turned me on then, and turns me on even today - and when the time comes from me to retire from management I think I'd still be interested in it - is that everything that happens in the world affects the price of securities.

I believe in giving back very strongly.

The more we can do to create a better society, that benefits more people, the better chance we have that our society will continue to grow and prosper.

I think we are a product of all our experiences.

Details create the big picture.

I read a lot, but I read about the areas that I'm interested in.

You never want to think the best things are in the past. You want to get yourself to believe that the best things are going to be in the future.

My mother really didn't know a heck of a lot about business. She was a very good mother, that made sure we ate right and we had our cod liver oil, but didn't know a heck of a lot about what I did.

And I thought I'd always like some form of business, I didn't know what kind of business I'd go in.

I'm not as involved in every little thing as I used to be.

I think Latin has some logic to it and there was a discipline.

I was sort of a sissy as a little kid.

I think the American Dream says that anything can happen if you work hard enough at it and are persistent, and have some ability. The sky is the limit to what you can build, and what can happen to you and your family.

Our company is working with Disney to create a game for children between the ages of maybe four and 12, so we can teach them what the capitalist system is all about.

I've had a terrific life, from building one company to be the second largest company in the securities industry and merging that into American Express, and becoming president of that company.

And it was where I learned how to play tennis and eventually became captain of the tennis team at the school and was on the Junior Davis Cup in New York City.

I remember the mentoring experiences of some teachers that I had, like a second term home room teacher in public school that really was very helpful to me.

If a person is not willing to make a mistake, you're never going to do anything right.

My parents moved back to New York from Florida when I was in the ninth grade.

The future belongs to those who see possibilities before they become obvious.

It looks like the future's really bright.

I am tomorrow, or some future day, what I establish today. I am today what I established yesterday or some previous day.

The best prophet of the future is the past.

Some of the best lessons we ever learn are learned from past mistakes. The error of the past is the wisdom and success of the future.

Race horses are like golfers, you're never sure how they're going to come out of the stalls. It's just - hopefully the horses come out of the race all right, just fit and ready to go again in the near future, but 3rd was good. It's paid for its hay.

Philosophy finds it an easy matter to vanquish past and future evils, but the present are commonly too hard for it.

In 1975 I decided that there was no future in flying (airline jobs were impossible to get, and who wants a job where you are judged only by seniority?) and headed off to grad school.

America is false to the past, false to the present, and solemnly binds herself to be false to the future.

Do not dwell in the past, do not dream of the future, concentrate the mind on the present moment.

And while the U.S. can never be 100 percent safe from a future strike, our government is working around the clock on measures to protect the American people.

No one is more important to the future of our state than our teachers.

We believe that peace is not just signed papers, but rather a contract between generations for the building of a more promising and less threatening future.

What I'm suggesting to you is that this could be a renaissance. We may be on the cusp of a future which could provide a tremendous leap forward for humanity.

Yet, our achievements also mask many continuing failings and seem to expose more future dangers.

I mean that at least 80% of the Russian people feel destitute. It's the people who had their past and future taken from them - they don't get paid - many of them face a wall. They have nowhere to go.