The best way to deal with international competition in memory chips from Japan, Silicon Valley wagered, was to find an even cheaper source in Korea, while focusing America’s R&D efforts on higher-value products rather than commoditized DRAMs.

There are basically three types of people involved in VC. There’s an investor, venture capitalist, and entrepreneur.

The Distribution Question: Do you have a way to not just create but deliver your product?

When you understand a little bit about your children’s emotional needs and mental states, you can create this kind of positive outcome—even without United Nations peacekeeping forces.

The greatest truths in life are usually the most unpleasant to hear.

The conversation is the relationship. When effective, they truly give you a pulse on what needs to potentially start, stop, and continue. The insights are pure gold.

The whole question of meaning is central to the approach of the NYU therapists.

“Paradigms are inseparable from character. Being is seeing in the human dimension. And what we see is highly interrelated to what we are.”

The foremost requirement for potent leadership is humility, so that leaders can fully understand and appreciate their own shortfalls.

In a crisis, it appears to most people that there are no opportunities. But a leader’s job is to create opportunities.